Saturday, December 7, 2013

No wrongdoing by Acharya, says SBI panel

........Financial Services Secretary Rajiv Takru said in New Delhi that the ministry has received SBI's internal probe report and is looking into it. He also said that he discussed the report with Bhattacharya. "SBI has submitted the internal enquiry report in respect of sanction of a loan by the credit committee headed by Acharya to the department of financial services. The members of the internal enquiry committee have noted that the sanction appears to have been given in the ordinary course of business," the bank said in a statement...........

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