 "No evidence of money laundering in Cobrapost expose: RBI")
K C Chakrabarty, deputy governor, RBI today said, “There is no evidence on (cobrapost). There was no transaction.”
He however said the regulatory issues around know your customer and other business norms are being looked at and if necessary RBI will order corrective measures.
He also said that RBI is undertaking thematic review in 34 other banks following the Cobrapost expose.
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