Supreme Court Gives RBI ‘Last Chance' To Alter Disclosure Policy
The Hindu|April 27, 2019

‘Existing guidelines contrary to 2015 ruling on sharing information under RTI Act’

Supreme Court Gives RBI ‘Last Chance' To Alter Disclosure Policy

The Supreme Court on Friday gave the Reserve Bank of India (RBI) “a last opportunity” to withdraw a November 2016 Disclosure Policy to the extent to which it stonewalls revelation of every other kind of information under the Right to Information Act, including the list of wilful defaulters and annual inspection reports.

A Bench of Justices L. Nageswara Rao and M.R. Shah found the policy of the central bank to be directly contrary to the court’s judgment of December 2015 that the RBI could not withhold information sought under the RTI Act.

The Bench was hearing contempt petitions filed against the RBI for not complying with the 2015 judgment.

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