The Commission does not take any action on anonymous complaints reporting corruption in a government department which "are to be understood in the context in which these are made".
"If the circumstances stated in anonymous complaints are such that they deserve verification, or prudence demands that let us not take a chance, with or without consequences to person X's or Y's career, I am at liberty to verify any transactions," Chowdary said at an industry event here.
Chowdary termed the whistleblower mechanism as relevant to every organisation.
"A huge number of organisations claim they have a whistleblower policy, but it is not working," he said, underscoring the need for the private sector to put in place such a mechanism.
The Chief Vigilance Commissioner also drew a distinction between various shades of corruption. "Corruption has many facets to it such as nepotism and prejudices against someone and is not merely restricted to taking bribes," he noted.
"Every individual's personal ethics may cause chaos in an organisation, and in the interest of the organisation, it is better to maintain just one code of ethics which should be followed," Chowdary pointed out.
Speaking at the same function, State Bank of India MD (A&S) V G Kannan said SBI takes the issue of governance and compliance as of "utmost priority".
(REOPEN DCM37)
Chowdary said, "We have to ensure that people in same organisation think and act similarly in similar circumstances."
Speaking at the occasion, State Bank of India Managing Director (A&S) V G Kannan said that SBI takes the issue of governance and compliance as of utmost priority.
You’ve reached your limit of {{free_limit}} free articles this month.
Subscribe now for unlimited access.
Already subscribed? Log in
Subscribe to read the full story →
Smart Quarterly
₹900
3 Months
₹300/Month
Smart Essential
₹2,700
1 Year
₹225/Month
Super Saver
₹3,900
2 Years
₹162/Month
Renews automatically, cancel anytime
Here’s what’s included in our digital subscription plans
Exclusive premium stories online
Over 30 premium stories daily, handpicked by our editors


Complimentary Access to The New York Times
News, Games, Cooking, Audio, Wirecutter & The Athletic
Business Standard Epaper
Digital replica of our daily newspaper — with options to read, save, and share


Curated Newsletters
Insights on markets, finance, politics, tech, and more delivered to your inbox
Market Analysis & Investment Insights
In-depth market analysis & insights with access to The Smart Investor


Archives
Repository of articles and publications dating back to 1997
Ad-free Reading
Uninterrupted reading experience with no advertisements


Seamless Access Across All Devices
Access Business Standard across devices — mobile, tablet, or PC, via web or app
