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Letter to BS: CAG must act within the Act and not exceed the powers

Mehrishi may have been giving a lecture but wherever he talks, it is an official talk

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This refers to the article by AK Bhattacharya titled “Only Connect” (October 29) in which he has pointed out that the Comptroller and Auditor General of India (CAG) Rajiv Mehrishi has on October 24 questioned why the Reserve Bank of India (RBI) failed to rein in the non-performing loan problems of the banks. He said, “Nobody is asking the real question that what actually the regulator is doing — and whether it is accountable or not.” I must point out that the CAG has no jurisdiction over the RBI. Mehrishi may have been giving a lecture but wherever he talks,

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First Published: Oct 30 2018 | 9:29 PM IST

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