Former MLCs Vijay Sankeshwar and Mohan Limbikai have demanded an inquiry into the financial transactions of all 77 banks which received funds from the Reserve Bank of India, for implementation of the Union government farm loan waiver scheme announced in 2007–08. Addressing presspersons here on Wednesday, Mr. Sankeshwar and Mr. Limbikai, who are shareholders of Gurusiddheshwar Cooperative Bank (GCB), Hubli, said the Comptroller and Auditor General (CAG) had found irregularities in the implementation of the scheme due to the lack of proper guidelines from the Reserve Bank of India (RBI). They claimed the banks were not responsible for the mistake..........
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