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Banks submit details of Satyam exposure to RBI
Updated On: 10 January, 2009 02:40 PM IST | | PTI
As part of its probe on scam-tainted Satyam, RBI on Saturday collected particulars of transactions that various banks including SBI and ICICI Bank had with the IT company.
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As part of its probe on scam-tainted Satyam, RBI on Saturday collected particulars of transactions that various banks including SBI and ICICI Bank had with the IT company.
"We have submitted the details of our business deals with Satyam to the Reserve bank. In the wake of these developments (in Satyam), banks are bound to be extra cautious while lending to such corporates," SBI's Chief Financial Officer Ashok Mukand said here.
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