NEW DELHI: The Supreme Court on Friday directed the Reserve Bank of India (RBI) to expose information relating its annual inspection file of banks beneath the Right to Information (RTI) Act except they're exempted beneath law.
A bench headed by Justice L Nageswara Rao also directed the federal financial institution to study its coverage to expose information relating to banks beneath RTI, pronouncing "it is duty bound under the law".
The bench, which did not cross forward with contempt complaints against the RBI, made it transparent that it was giving a final opportunity to it to agree to provisions of the transparency law.
The bench mentioned it might have taken a significant view to the refusal of RBI to phase with information beneath RTI.
"Any further violation shall be viewed seriously," the bench mentioned.
In January this year, the top court docket had issued contempt notice to RBI for not disclosing annual inspection file of banks beneath RTI.
Earlier, the apex court docket and the Central Information Commission, both had held that the RBI cannot deny information to an information seeker beneath the transparency law except the material is exempted from disclosure beneath the law.
The RBI, in its defence, had mentioned that it cannot expose information as the once a year inspection file of the financial institution contained "fiduciary" information as outlined beneath the transparency law.
The bench was hearing a contempt petition filed by RTI activist S C Agrawal against the RBI.
A bench headed by Justice L Nageswara Rao also directed the federal financial institution to study its coverage to expose information relating to banks beneath RTI, pronouncing "it is duty bound under the law".
The bench, which did not cross forward with contempt complaints against the RBI, made it transparent that it was giving a final opportunity to it to agree to provisions of the transparency law.
The bench mentioned it might have taken a significant view to the refusal of RBI to phase with information beneath RTI.
"Any further violation shall be viewed seriously," the bench mentioned.
In January this year, the top court docket had issued contempt notice to RBI for not disclosing annual inspection file of banks beneath RTI.
Earlier, the apex court docket and the Central Information Commission, both had held that the RBI cannot deny information to an information seeker beneath the transparency law except the material is exempted from disclosure beneath the law.
The RBI, in its defence, had mentioned that it cannot expose information as the once a year inspection file of the financial institution contained "fiduciary" information as outlined beneath the transparency law.
The bench was hearing a contempt petition filed by RTI activist S C Agrawal against the RBI.
Disclose info on bank inspection, SC directs RBI
![Disclose info on bank inspection, SC directs RBI]()
Reviewed by Kailash
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April 26, 2019
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