“I have spoken to two of them and both chairmen told me that this is a completely incorrect story and they are issuing a statement. The third chairman is out of the country,” Chidambaram told reporters.
Earlier in the day, Cobrapost had claimed that its undercover investigation revealed lenders like ICICI Bank, HDFC Bank and Axis Bank ran money laundering rackets.
When asked whether the government had asked the regulators or the investigating agencies to look int to the matter, the finance minister said, “We don’t jump to conclusions within minutes.”

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