New Delhi, Feb 08: A Parliamentary panel has criticised RBI for granting extensions to several exporters who were not able to realise the export proceeds, and not giving the details of extension in Export Outstanding Statement (XOS). The Public Accounts Committee, chaired by Buta Singh, has noted that RBI tried to shift the responsibility to banks for not furnishing the particulars of extension in XOS, a half- yearly consolidated statement containing the details of outstanding exports bills to be furnished by all authorised foreign exchange dealers. "There were certain cases wherein extension (by RBI) was granted for a period of up to five years but the exporters had not been able to realise the proceeds even after the expiry of the extended period," the report said. An audit scrutiny revealed that RBI had granted extension in 873 cases and export proceeds amounting to Rs 199 crore were pending realisation for up to 22 years. The central bank had "conceded" that 873 cases were pending, but subsequently said that only 119 cases were pending involving Rs six crore. Stressing that RBI should accord topmost priority to such cases henceforth, the panel said, "In future RBI should grant extensions judiciously and in accordance with the RBI manual." About non-furnishing of particulars of extensions in the XOS, which is a prime instrument of control, the panel noted that RBI has "tried to shift the responsibility to various bank branches all over the country." Bureau Report