RBI official says Khan had been called for explaining the policies and regulatory guidelines about the technical aspects relating to the PNB case.
The Central Bureau of Investigation is questioning HR Khan, the former deputy governor of the Reserve Bank of India in the Punjab National Bank (PNB) fraud case. This is for the first time that the CBI is examining a top RBI official. Khan was in-charge of micro-economic policy and Foreign Exchange Management Act (FEMA) from 2011-16.
A source told Moneycontrol, “We have called former RBI deputy governor HR Khan who was in charge of regulation, micro-economic policy and Foreign Exchange Management Act from 2011-16 for questioning.” Another source said that this is in continuation of Thursday’s probe where three chief general managers and a general manager were called in for questioning.
An RBI official told Moneycontrol that Khan had been called for explaining the policies and regulatory guidelines about the technical aspects relating to the PNB case.