......... These things have now come to light after the Cobrapost sting operation. Now even CMDs / EDs / GMs can not put the same under carpet, which they did when I first wrote last year. Even after the Cobrapost sting, Mr K. C. Chakrabarty, DG at RBI, tried to give clean chit to three banks. Was he afraid that fire may not reach back to the period when he headed two large banks in India? Thank God, he miserably failed in his attempt in giving clean chit to such banks, and RBI Governor over-ruled him and has agreed that these banks indeed flouted the norms...........
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