Ashneer Grover: Ashneer Grover writes to RBI seeking probe into BharatPe’s shareholding, licence applications
Ashneer Grover, cofounder and former managing director of BharatPe, has written to the Reserve Bank of India (RBI), asking the banking regulator to initiate an investigation into the shareholding of the Peak XV-backed company. BharatPe is a joint-venture partner in Unity Small Finance Bank with the Centrum group.Grover said in a letter dated March 6, addressed to RBI governor Shaktikanta Das, that BharatPe has deliberately “defrauded” the regulator by bringing back Bhavik Koladiya, who was convicted of a wire fraud in the…