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    <title>RBI watching development around IDFC First Bank fraud, no systemic issue: Guv Malhotra</title>
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    <description>Reserve Bank of India is monitoring an alleged fraud at IDFC First Bank and has indicated no systemic issue. IDFC First Bank disclosed the fraud involved certain employees and others at a Chandigarh branch affecting a specific set of Haryana government-linked accounts, and said the misconduct is confined to those government accounts and does not extend to other customers of the branch.</description>
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