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RBI Ordered To Review Its Disclosure Policy On Banks Under RTI: 10 Things To Know

The Supreme Court earlier this month quashed a February 12 directive by the RBI on NPA-affected banks
The Supreme Court earlier this month quashed a February 12 directive by the RBI on NPA-affected banks
The Reserve Bank of India had refused to disclose information regarding wilful defaulters and annual inspection report on commercial banks under the RTI after the Supreme Court's order in December 2015. On Friday, the top court did not go ahead with contempt proceedings against the RBI, and granted the central bank "a last opportunity" to rectify it. The court said the RBI is in "contempt of this court by exempting disclosure" of ...
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