The CBI has urged banks to speed up the decision-making process on mandatory sanction needed from them for investigating and prosecuting their officials who are under suspicion in fraud cases referred to it.
The issue was raised during a coordination meeting between the CBI, the Department of Financial Services (DFS) under the Union Finance Ministry and chief vigilance officers of public sector banks on Tuesday in Bengaluru.
"During the day-long meeting all pending matters pertaining to ongoing investigation and prosecution of the bank fraud cases being handled by CBI were discussed and several issues sorted out," the agency said in a statement.
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