Friday, March 15, 2013

Finance ministry swings into action on money laundering issue


Taking note of allegations of money laundering in three private banks, the government has begun the fact-finding work. Rajiv Takru, Secretary, Department of financial services, told Business Standard over phone that it is an important matter. "The truth has to be established. It will not be glossed over," Takru said. Reserve bank of India is already dealing with the development.........


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