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SC Tells Reserve Bank Of India To Make List Of Financial Defaulters Public Under RTI Act

The Supreme Court held that the Reserve Bank of India is bound to disclose names of loan defaulters under the RTI Act and also asked it to make public inspection reports containing critical assessment of the functioning of banks and financial institutions while warning the banking regulator against future violations.

A bench of Justices L Nageswara Rao and M R Shah directed the RBI to withdraw its present disclosure policy under which this information is not disclosed to the public under the Right to Information Act.

The court pulled up RBI for not complying with its 2015 order by which it was directed to reveal the information under the transparency law.Click Here: liverpool mens jersey

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