Panama papers: Centre, RBI to respond in 4 weeks

NEW DELHI: The Supreme Court on Monday asked the Centre and RBI to file their response in four weeks on a plea seeking a CBI inquiry against Indian offshore bank

NEW DELHI: The Supreme Court on Monday asked the Centre and RBI to file their response in four weeks on a plea seeking a CBI inquiry against Indian offshore bank account holders named in the Panama papers. A bench granted four weeks to the parties to file the affidavit after the Centre told the court that investigation is in progress and it was looking into the allegations. A multi-agency group of various investigative agencies has been formed by the government to go into the disclosures made in the list, which includes about 500 Indian entities.

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