RBI monitors IDFC bank fraud, discusses inflation, liquidity, and CBDC

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The Reserve Bank of India is monitoring a ₹590 crore fraud at IDFC First Bank, with Governor Sanjay Malhotra stating no systemic issues are anticipated. The central bank also plans to release updated retail inflation estimates before the April policy review.

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RBI monitors IDFC bank fraud, discusses inflation, liquidity, and CBDC

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