Banks Oppose RBI on Disclosing NPA, Penalty Information Under RTI Act
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Banks Oppose RBI on Disclosing NPA, Penalty Information Under RTI Act

Major banks, including SBI and Yes Bank, are opposing the Reserve Bank of India's (RBI) stance on disclosing Non-Performing Asset (NPA) details, penalties, and inspection reports under the Right to Information (RTI) Act. The banks appealed to the Central Information Commission (CIC), which has referred the matter to a larger bench for adjudication. Disclosure is stayed pending the final decision.

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