V
V.Balasubramani
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[h=1]The quilty should be punished..[/h][h=1]27 PSU bank officials suspended, six transferred for violating RBI guidelines[/h][h=2]The Finance Ministry said they were carrying out irregular transactions.[/h]As many as 27 bank officials of public sector banks were suspended and six others were transferred for violating Reserve Bank of India norms post demonetisation, PTI reported. A statement released by the Finance Ministry said some officials were found involved in carrying out transactions that were irregular and violative of the Reserve Bank of India’s instructions.
The Ministry also warned people that illegalities will not be tolerated and appropriate action will be taken against individuals who are involved in irregular and unauthorised activities.
The suspensions have come amid reports of Income Tax authorities conducting raids at many places after the Centre’s move to demonetise Rs 500 and Rs 1,000 notes. Two businessmen in Bengaluru were held for possessing Rs 5.7 crore cash in new currency notes.
[h=1]Read more at: http://scroll.in/latest/823166/27-p...-six-transferred-for-violating-rbi-guidelines[/h]
The Ministry also warned people that illegalities will not be tolerated and appropriate action will be taken against individuals who are involved in irregular and unauthorised activities.
The suspensions have come amid reports of Income Tax authorities conducting raids at many places after the Centre’s move to demonetise Rs 500 and Rs 1,000 notes. Two businessmen in Bengaluru were held for possessing Rs 5.7 crore cash in new currency notes.
[h=1]Read more at: http://scroll.in/latest/823166/27-p...-six-transferred-for-violating-rbi-guidelines[/h]