Overview
- Bank of Baroda, RBL Bank, Yes Bank and State Bank of India appealed after the RBI deemed NPAs, defaulters’ lists, inspection reports and penalty documents disclosable under the RTI Act.
- Information Commissioner Khushwant Singh Sethi issued interim orders referring the consolidated cases to a larger bench and staying release of the records pending final decisions.
- The RBI relies on the Jayantilal N. Mistry precedent, asserting no fiduciary relationship with banks and noting exempt details have been severed under Sections 8 and 10.
- Bank of Baroda has also petitioned the Supreme Court seeking reconsideration of Jayantilal N. Mistry in a matter involving documents on a ₹4.34 crore penalty.
- RTI applicants sought the top 100 NPAs and willful defaulters of Yes Bank, inspection reports for SBI and RBL Bank, and SBI show-cause notices and enforcement actions from April 2015.