Some truth in Cobrapost expose, will take action: Subbarao
)
Subbarao D, RBI governor
There is "some truth" in the Cobrapost's allegations of wrongdoing by banks and the RBI has issued notices to their managements, Governor D Subbarao said today.
"We have done a study of those banks, investigated them... and we have issued notices to the managements and shall take appropriate action," Subbarao said during the R L Sanghvi Endowment AMA Annual Lecture on Economics, in Ahmedabad.
"We have done a study of those banks, investigated them... and we have issued notices to the managements and shall take appropriate action," Subbarao said during the R L Sanghvi Endowment AMA Annual Lecture on Economics, in Ahmedabad.
Don't miss the most important news and views of the day. Get them on our Telegram channel
First Published: May 31 2013 | 12:37 AM IST