CAG Rajiv Mehrishi questions RBI’s accountability over NPA crisis in banks

Comptroller and Auditor General of India (CAG) Rajiv Mehrishi Tuesday questioned the role of RBI in the present banking crisis, asking what the regulator was doing when the banks were lending huge amounts that resulted in asset-liability mismatch and huge bad loans.

from The Financial ExpressBanking & Finance – The Financial Express https://ift.tt/2CYOUYb