Cash-for-loan scam: Takru says SBI MDs report by weekend

He said these allegations do not merit changing any of the laws and procedures of working of state-run banks and added that “we should wait for the law to take its own course.

“If anybody is guilty, surely you don't expect the government to say nothing should be done. If he is guilty, certainly, the law will take its course. But I think its a bit premature, we should not speculate on this,” Takru said.

“I don't think there is anything here which requires a change in law or in procedures,” he added.
Last Sunday, the Economic Offences wing of the CBI had registered a case against Acharya, who was heading the mid-corporate group at SBI, after raiding his house in the city.

Cases were registered against him along with an ex-SBI official KK Kumarah and Chairman of a Delhi-based firm Worlds Window, Piyoosh Goyal, for alleged graft in disburals of Rs 400 crore loan.

Following this, SBI on Monday set up a two-member internal panel, comprising two MDs - Hemant Contractor and A Krishna Kumar - to probe the issue.