RBI did not do proper auditing: Vigilance body on PNB fraud
Central Vigilance Commissioner KV Chowdary on Tuesday said there had been "no apparent audit" by the RBI during the period of the PNB fraud. The RBI had the regulatory responsibility but any lack of integrity would be looked at by the Central Vigilance Commission (CVC), he added. The CVC exercises superintendence over the CBI, which is probing the fraud.