4 main banks — Financial institution of Baroda, RBL Financial institution, Sure Financial institution and State Financial institution of India — have approached the CIC objecting to the disclosure of knowledge such because the listing of defaulters and NPA, penalties and inspection studies, even because the RBI termed the data “liable to be disclosed” below the RTI Act.

RTI candidates Dheeraj Mishra, Vathiraj, Girish Mittal and Radha Raman Tiwari had filed separate purposes with the RBI, searching for info, akin to the highest 100 NPAs, willful defaulters of Sure Financial institution, the inspection report of the SBI and RBL, and paperwork regarding a ₹4.34 crore financial penalty imposed following statutory inspection findings from the Financial institution of Baroda, respectively, amongst others.

These banks appealed earlier than the Central Info Fee, after the RBI discovered that the data sought by candidates could possibly be disclosed below the provisions of the RTI Act. Info Commissioner Khushwant Singh Sethi referred the matter to a bigger bench of the CIC to adjudicate on the problems raised by the banks. The banks claimed that disclosing regulatory info would hurt their business pursuits.