RBI denies Cobrapost sting, says no sting happened
March 21, 2013  14:59
Just In: No money-laundering was involved in the Cobrapost expose, says the Reserve Bank of India's Deputy Governor KC Chakrabarty. "There is no systemic issue involved in the Cobrapost allegations, and no scam has happened as no transaction has taken place," says Chakrabarty.

Details soon.

In the meantime, what did the Cobrapost sting say? Read about it here.
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