Insurers under probe over money laundering

[autoBOT]

In its expose, Cobrapost has named as many as 23 public and private sector banks and insurance companies for allegedly "running a nation-wide money laundering racket, blatantly violating laws of the land."



Mon, 06 May 2013 16:03:24 GMT
Read more here... http://businesstoday.feedsportal.com/c/ ... tory01.htm

[naveenarichwal]

Also go to www.cobrapost.com on reality of somany banks and financial institutions in INDIA, where RBI is the Regulator, and also Insurance companies where IRDA is the Regulator.
Recently 2G happened where TRAI was the Regulator.
This prooves that REGULATOR CANNOT STOP CORRUPTION IN INDIA.
Hence i have great doubt on the role the REAL Estate regulator will do for this Black money driven Real estate sector in INDIA.