The SC has directed RBI to disclose names of loan defaulters under the RTI Act and also asked it to make public the inspection reports containing critical assessment of functioning of banks and financial institutions. The bench held that RBI committed contempt of court, it, however, did not pass any punitive order and let the regulator off with a warning.
from Times of India http://bit.ly/2UIYItJ
The SC has directed RBI to disclose names of loan defaulters under the RTI Act and also asked it to make public the inspection reports containing critical assessment of functioning of banks and financial institutions. The bench held that RBI committed contempt of court, it, however, did not pass any punitive order and let the regulator off with a warning. https://ift.tt/eA8V8J April 27, 2019 at 02:15AM http://bit.ly/2hJjhqE
Saturday, April 27, 2019
Make list of defaulters public, SC tells RBI
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