Cobrapost II finds all hands in till: Black money is India story

..........The fact that the sting confronted three of the best-run private banks was a big point of interest, since we all know that profit incentives are huge in these banks. But today’s sting, which bared a similar state of affairs in the big public sector banks as well as the smaller private sector ones, actually will come as a relief to the targets of the first sting. This is because it shows that the handling and laundering of black money – or rather money which the taxman is unaware of – is part of the current banking system. It actually lets the Big Three of private banking breathe easier..............

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