SC seeks response of Centre, RBI on plea of PNB against disclosure of info under RTI

The RTI Act empowers RBI’s Chief Information Officer (CPIO) to find bank information for anyone looking for it.
The Supreme Court denies temporary residence permits to RBI notices requesting disclosure of information such as Punjab National Bank’s RTI-law defaulters list and investigation reports to centers, federal banks and central public information. Requested a response. Officer.
The Supreme Court has filed a similar pending proceeding against the RBI’s instructions by HDFC Bank, which tagged the petition of Punjab National Bank (PNB), a public sector unit bank. Composed of Judges S Abdul Nazeer and Krishna Murari, the bench is
“Notice of Issuance. Tag containing 2019 Written Petition (Private) No.1159 (HDFC Petition)” on July 19th. Revised the petition for the hearing.
Banks are plagued with notices of requests to send inspection reports and risk assessment-related information issued by the RBI to banks under section 11(1) of the Information Rights (RTI) Act. The RTI Act authorizes the RBI’s Central Public Relations Officer (CPIO) to solicit information from banks for information seekers.
Early on April 28, the Supreme Court for legal reasons, the RBI under the Transparency Act. Several FIs and banks, including
Bank of Canada, Bank of Baroda, UCO Bank, and Koh Tak Mahindra Bank, have filed for annulment of the 2015 judgment in Jayantiraru N Mistry and have applied to the Supreme Court, and the verdict has also had far-reaching consequences. said. They were directly and practically affected by it.
Banks argued that the review and the cancellation of the judgment were “sustainable” because they violated the principle of natural justice, taking into account the fact that the parties in question were not even hearings. .
“A scrutiny of the recall application reveals that the applicant is effectively requesting consideration of the Jayantilal N Mistry decision. Therefore, we maintain these applications. I don’t think I can do it. “The court held.
However, Bench dismissed the petition, revealing that he would not explain the bank’s submissions regarding the accuracy of the 2015 ruling.
Currently, the Supreme Court has seized the petition of several banks, such as HDFC and Punjab National Bank, to oppose the RBI’s instructions to disclose information under RTI.

NEWS SOURCE