RBI Governor Raghuram Rajan today said the multi-agency probe will look into the legitimacy of holdings of Indians named in the leaked Panama list. He, however, asserted that there could be genuine reasons for having offshore accounts. The Reserve Bank is part of the multi-agency group announced by the government yesterday to probe the list which has nearly 500 Indians including celebrities and industrialists. The group includes officials from Central board of Direct Taxes, RBI and the Financial Intelligence Unit.<br/><br/>The Indian Express carried a report based on leaked documents of a Panama law firm Mossack Fonseca which is said to feature links of over 500 Indians to offshore firms. The newspaper claimed that the list included foundations and trusts and passport details of 234 Indians.