RBI affidavit details how it was 'fooled' by scam-hit PMC Bank

The affidavit, filed by Rajlaxmi Sethi, Assistant General Manager, Department of Co-operative Bank Supervision, RBI, states that PMC Bank had submitted fraudulently manipulated data to the central bank for sample checks, but "the sample of accounts picked for inspection did not contain undisclosed HDIL accounts."

from Banking/Finance-Industry-Economic Times https://ift.tt/2D02rMQ