RBI should take the blame for $2.1-billion PNB fraud: Ex-FM
Former Finance Minister Yashwant Sinha has said the "RBI should take the blame" for the $2.1-billion PNB fraud. Sinha said RBI's approach to a problem at a foreign bank, private bank or state-owned bank shouldn't be different. His statement comes after RBI Governor Urjit Patel said the central bank's powers over state-run banks were weaker than those over private banks.