Saturday, March 23, 2013

Why is RBI rushing to defend banks exposed by Cobrapost?

..........RBI’s Financial Statement Reports highlight serious concerns over bank branches selling gold coins, mutual fund instruments, and insurance. RBI has undertaken a thematic (whatever this means?) studies of banks that are active in selling gold coins and wealth management products… We cannot take action on allegations. We go by evidence.” Come on Mr deputy governor, what more hard evidence do you want other than the unedited footage of video tapes?............

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