The finance ministry has not suggested recalling of corporate loans under scanner in the financial bribery scam, the financial services secretary R. Gopalan said.
Another finance ministry official reiterated that no such move has been made by the ministry.
The official said that no instruction has been issued by the finance ministry to banks to reduce their exposure to realtors.
He also said that raising provisioning requirements for realty loans following the bribery scandal was a decision that will be made by India's central bank, the Reserve Bank of India, and the finance ministry does not issue instructions to the RBI.
The federal Central Bureau of Investigation (CBI) arrested officials from state-run listed lenders, including the chief executive of housing major LIC Housing Finance, accused of taking bribes to facilitate large corporate loans.
Three senior executives from a listed private company were also arrested on charges of handing out the bribes.
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