The Parliamentary Standing Committee on Finance has summoned RBI governor Urjit Patel to appear before it on 17th of next month to respond to queries on recent bank frauds and mounting non-performing assets among others.
Governance issues at both
commercial and public sector banks are also likely to come up. The committee headed by veteran Congress leader M Veerappa Moily yesterday raised several queries related to the banking sector with Financial Services Secretary Rajiv Kumar.