A few big private sector Indian banks including HDFC Bank, Axis Bank and ICICI appear to have been targetted in a sting operation with the purported objective of discovering money laundering.
The details of the sting were disclosed by investigative journalist Aniruddha Bahl at a press conference in Delhi's constitutional club.
At the time of writing Firstpost had no way of authenticating the validity of the sting but the allegations made seem to suggest that bank officials at various branches were more than willing to oblige the persons carrying out the sting, who pretended to be politicians.
The full scope of investigations as detailed by Cobrapost which conducted the operation can be found here.
HDFC Bank has denied the allegations, while ICICI has said that it will launch an investigation and submit a report in two weeks.
These are some of the allegations that are being tweeted from the Press conference