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CIC ORDER ON DEFAULTERS
RBI advocates disclosure of NPA, inspection info; banks oppose; matters in CICMajor banks like Bank of Baroda, RBL Bank, Yes Bank, and State Bank of India are opposing the Reserve Bank of India's directive to reveal i...- Customers to receive alerts when their credit information report is accessed by lenders: RBI asks CICsCredit institutions, including banks and NBFCs, would also be compelled to alert consumers via SMS or email when they submit information to...
- Provide names of big loan defaulters: CIC to RBIRBI Deputy Governor Viral Acharya had asserted that accounts of some loan defaulters had been sent to banks for resolution.
- HC interim stay on CIC orders to RBI on wilful defaulter listOn November 2 this year, the CIC had issued a show cause notice to Patel for "dishonouring" a Supreme Court judgement on disclosure of wilf...
- Ex-info commissioner alleges legal intimidation of CIC by government; seeks President interventionThe RBI has also challenged another order of the CIC on July 4 in which CPIO of RBI was issued show cause notice by Information Commissione...
- Reserve bank of India challenges CIC notice to Urjit PatelTwo days before the deadline, the RBI filed two writ petitions in the Bombay high court challenging the order by Information Commissioner M...
- Outgoing information commissioner defends his notice to RBIET had first reported on November 9 that other commissioners had raised questions on legal tenability of Acharyulu’s notice and propriety o...
- CIC again asks PMO, RBI to disclose wilful defaulters' list, Raghuram Rajan's letter on bad loansIn an exhaustive 66-page order, the panel pulled up the Prime Minister's Office for not complying with its directive to disclose the letter...
- RBI refuses to give info on NPAs, loan defaulters to SEBIThe banking regulator’s reluctance to do so stems from the prospect of the data leaking as it becomes known to a wider set of people.
- RBI seeks time till Nov 26 to respond to CIC's show-cause noticeThe RBI has been denying the information citing the clauses of economic interests of the state, the commercial confidence and the informati...
- Showcause notice to Urjit Patel raises eyebrows within Central Information CommissionThe timing of the order and the alacrity with which the CIC has moved over the matter has also been questioned.
- Why is CIC’s notice to RBI on NPA mess creating a flutterAccusing RBI of hiding names of high-profile loan defaulters, CIC has said that the central bank must adhere to a Supreme Court order manda...
- CIC issues show-cause notice to RBI Guv for non-disclosure of wilful defaulter's listThe CIC has also asked the Prime Minister's Office, the Finance Ministry and the Reserve Bank of India (RBI) to make public the letter of f...
- RBI starts process to set up digital Public Credit Registry for capturing all details of borrowersAn upcoming registry will give banks 360 degree profile of existing and prospective borrowers instantly.
- Reserve Bank of India refuses to disclose list of loan defaultersThe case relates to an RTI application filed by activist Subhash Agrawal who had sought to know the list of people who had defaulted in the...
- Ex-CIC hails move to bring transparency in RBI's functioningFormer CIC Shailesh Gandhi has hailed Governor Raghuram Rajan's move to bring in transparency in the Reserve Bank's functioning.
- RBI, commercial banks can’t hide names of defaulters under RTI, says Supreme CourtThe RBI had refused to answer specifics about a parliamentary answer made by the finance minister about some banks, such as SBI, ICICI Bank...
- Public sector banks should disclose details of bad debts, says Delhi High CourtThis disclosure involves an element of public interest and tax payers have a right to know the manner in which PSU banks sanctioned them, t...
- Central Information Commission devising system to keep tab on defaulting PIOsThe IMS which is awaiting DoPT’s approval would enable officials to prepare list of defaulting PIOs & status of other orders passed by the ...
- Lok Sabha polls: Political funding, spending still remain opaque in this election seasonFor all the reforms made over the decades, the latest poll has remained stuck in old ways in one crucial respect - the lack of transparency...
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