List of defaulters will be disclosed?: One last opportunity to RBI, Supreme Court

Shruti Mahajan April 26 2019

The Supreme Court today directed the Reserve Bank of India (RBI) to withdraw its "Disclosure Policy" that made certain information exempt from disclosure under the Right to Information (RTI) Act.

While doing so, the Court said that the RBI will have to divulge the information of banks and financial institutions that was sought by the petitioners.

The Court said that even though it could have taken RBI's violation of its 2015 order seriously, it would give one last opportunity to the banking . . .

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