INDIA
CROCODILE TEARS ON BREAKDOWN OF BANKING CONTROLS
CHIEF ECONOMIC ADVISOR OWES THE NATION AN EXPLANATION
2018-02-24 11:01
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Chief Economic Adviser (CEA) Arvind Subramanian was correct in his observation that internal controls and external regulatory systems in public sector banks have broken down. But what is really disturbing and at the same time scandalous is his assiduous silence on identifying the nature of the Rs 11,500-crore Punjab National Bank fraud.