Reports said Urjit Patel had recently said that the RBI doesn't have adequate powers to deal with public sector banks.

RBI governor Urjit Patel to appear before Parliamentary panel over bank scams

ICICI Bank had led a consortium of 31 banks that had lent Rs 1,000 crore to Mehul Choksi's Gitanjali Gems

PNB scam: ICICI's Chanda Kochhar, Axis Bank's Shikha Sharma summoned by Serious Fraud Investigation Office

The statement was issued hours after Kannan was grilled by CBI

As of 0515 GMT, the sale had received bids 1.03 times the number of shares on offer, according to data from the BSE and the National Stock Exchange.

The finance ministry has asked for a detailed report from RBI and National Payments Corporation of India regarding the information breach

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