The Reserve Bank of India (RBI) told the Supreme Court on Wednesday it has an internal mechanism to examine an employee's conduct and the averments made by BJP leader Subramanian Swamy in his plea seeking a probe into the alleged role of its officials in various banking scams are "fallacious and non-substantiated".

Seeking dismissal of Swamy's plea, the RBI said the petitioner has no locus standi to file the petition and it is "riddled" with factual and legal inaccuracies.