There is "some truth" in Cobrapost's allegations of wrong doings by banks and RBI has issued notices to their managements, central bank Governor D Subbarao said today.
"We have done study of those banks, investigated them ... We have done a larger study of those banks and we have issued notices to the bank managements and shall take appropriate actions," Subbarao said at a question answer session during the R LSanghvi Endowment AMA Annual Lecture on Economics.
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