Even as the Supreme Court has reiterated that the RBI is duty-bound to disclose list of wilful defaulters under the RTI Act, the State Bank of India, the largest bank in India, has denied the information to an RTI applicant saying the same involves commercial confidence and is held in a fiduciary capacity. Advocate and Chartered Accountant Nipun Singhvi had …
Pulling up the Reserve Bank of India and the Prime Minister Office, the Central Information Commission has again directed them to disclose the list of wilful defaulters and Raghuram Rajan's letter on bad loans. The commission had earlier issued a show cause notice to RBI Governor Urijit Patel for "dishonouring" a Supreme Court judgment and CIC directive on disclosure of …
