RBI is also Responsible for the Nirav Modi Scam: Moumita Dutta, AIBOC
Moumita Dutta, Joint Secretary, AIBOC, highlighted that RBI was also responsible for the scam. She asked, “What is the need of LoUs by RBI when the Buyer Credit already exists?” Emphasising that the Banks need to undergo several audits every year. She argued that the 11,000 crores cannot be given wi...