Anil Khaitan

PNB Scam Might Result in Even More Tight Lending Norms: PHDCCI

Anil Khaitan also said he is surprised how the banks' internal audit system failed to detect anomalies in transactions leading to the alleged fraudulent loans given out to the borrowers. “The current situation is worrying for Indian industry since it may lead to unnecessary tightening of norms and procedures in raising capital from banks.