Actor Ranveer Singh of "Band Baajaa Baraat" fame says the casting couch does exist in the Hindi film industry as small time casting directors and agents try to exploit newcomers.

"Unfortunately the casting couch exist in our industry. I don't think it exists in the high rung studios because the stakes are too high, the money involved and the people involved are too professional," the 25-year-old told reporters here.

"But at the lower rung, smaller casting directors and agents... give the fraternity a bad name."

Ranveer, a panelist at the ongoing FICCI-FRAMES Conclave, revealed that in his struggling days he too met such people.

"Fortunately or unfortunately, I did have the experience of meeting such sleazy gentleman. So it definitely exists," he said.