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Tag: Banking Frauds

Urjit
Parliamentarians grill RBI governor over challenges faced by banks

New Delhi: RBI Governor Urjit Patel, who was on Tuesday grilled by parliamentarians over challenges being faced by the banking sector including the huge number and size of bad loans and frauds like the one in Punjab National Bank, sought more powers for the central bank to oversee Public Sector Banks (PSBs). Patel, summoned by […]

RBI-Governor-Urjit-Patel
RBI Governor called by parliamentary panel on May 17

New Delhi: A parliamentary panel has called RBI Governor Urjit Patel on May 17 to answer queries on banking frauds and the powers that the central bank needs for better regulation of public sector banks (PSBs). Sources said the decision was taken at a meeting of the Standing Committee on Finance, headed by Congress’ M. […]

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