Bank frauds killing ease of doing business efforts: Jaitley 
Regular occurrence of bank frauds and wilful defaults hamper the efforts for improving ease of doing business, Finance Minister Arun Jaitley has said. "Unfortunately, in the Indian system, we politicians are accountable, but regulators are not," he added. Referring to the PNB fraud, he said, "Multiple layers of auditors did a casual job or chose to look the other way."