Cobrapost sting: NABARD chief gives clean chit to co-operative banks

May 19 2013, 14:47 IST
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RBI has maintained that no transaction has happened while the sting also does not point to money laundering. (Reuters) RBI has maintained that no transaction has happened while the sting also does not point to money laundering. (Reuters)
SummaryRBI has maintained that no transaction has happened while the sting also does not point to money laundering.

amount for which a beneficiary farmer is eligible will be loaded on the card and he can withdraw the money as per his requirements. Interest applicable thereof, will have to be serviced.

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