Urjit Patel may appear before par panel today

Urjit Patel may appear before par panel today

FPJ BureauUpdated: Wednesday, May 29, 2019, 08:39 AM IST
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New Delhi : RBI governor Urjit Patel is likely to face tough questions from a parliamentary panel on Tuesday on a range of issues including the amount of cash returned post demonetisation, the PNB fraud and the mounting bad loans of banks.

Patel is scheduled to appear before the Parliament’s Standing Committee on Finance headed by Congress leader Veerappa Moily.

“It’s been long time and the RBI has still to come out with amount of the cash returned into system post demonetisation. And the Governor must share these details with the panel and I hope he will do it tomorrow” said TMC MP and member of the panel Dinesh Trivedi. The panel, he said, would also ask questions about the mounting NPAs in the banking system and the Rs 13,000 crore PNB fraud.

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