By IANS,
Kolkata: The Reserve Bank of India (RBI) is scrutinising the loan accounts involved in the recent housing finance scam, the bank’s chief said here Thursday.
“We have got information from the banks. We are going to further scrutinise those. Of the 14 accounts, 13 are standard and there has been no default. The 14th account too has been standard, though there are some default but that is for reasons unconnected with housing loans,” RBI Governor Duvvuri Subbarao told mediapersons.
“There has been no transgression of the loan sanctioning procedure. However, we are studying the matter,” he said.
The CBI arrested senior officials of LIC Housing Finance, LIC, Bank of India, Central Bank of India and Punjab National Bank last month for allegedly accepting bribes to extend loans to corporate houses in a housing finance scam.