No systemic issue at IDFC First Bank, says Indian central bank governor
23/02/2026 06:51
NEW DELHI, Feb 23 (Reuters) - The Reserve Bank of India's governor said on Monday the central bank is monitoring developments at IDFC First Bank and sees no systemic risk from the lender. The bank was probing a suspected $65 million fraud by some employees involving accounts of local government bodies and had alerted police, it said on Saturday. (Reporting by Nikunj Ohri; Editing by Janane Venkatraman) ((Sarita.ChagantiSingh@thomsonreuters.com;))
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