RBI had ordered a comprehensive audit of Swift systems way back in 2016 which was before the PNB Scam of 13000 crores which happened due to gap in swift system & CBS of the Banks where in the Banks gave LOU by recording them in Swift but not recording in CBS.

https://in.news.yahoo.com/banks-still-haven-apos-t-141736273.html

However Banks haven't responded, do you think our Indian Banking system will change at all or will it be the same just looting the public taxes by giving un eligible loans, LOU, etc?

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