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SC slams RBI, gives 7 days to disclose bank inspection report

Mar 27, 2019 12:01 IST

The Supreme Court on Tuesday lashed out at Reserve Bank of India for not disclosing the annual inspection report of banks under the RTI Act. The apex court threatened to initiate contempt proceedings and set a deadline of 7 days to comply under the transparency law. The court and Central Information Commission had earlier held that the central bank could not hold back from putting the inspection reports on the public domain.

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