 "RBI Governor Shaktikanta Das")
The Supreme Court on Tuesday warned the Reserve Bank of India (RBI) of contempt proceedings for failing to disclose information regarding the annual inspection reports of banks sought under the Right to Information (RTI) Act. The top court gave the RBI one week’s time to comply with the directions or “be ready to face the consequences”. The matter will be next heard on April 2.
In January, the apex court had issued notice to the RBI on a contempt petition alleging the central bank had not provided information about the inspection conducted on some banks said to be involved in irregularities
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