Disclosure of loan defaulters of a Cooperative Bank under RTI
The appellant filed a Right to Information (RTI) application with the Reserve Bank of India (RBI) seeking detailed information regarding 100 Top loan defaulters of a Cooperative Bank, such as their names and addresses, names and addresses of the guarantors, their worth at the time of grant of advance and their present market value along with the value of the assets against which the loans were given to them. He also asked for the designation of the official who sanctioned the loans, the date on which the loans became NPA and the disciplinary actions taken by the Bank for auctioning the properties secured and the personal properties of the borrowers/ guarantors and the name/designation of the top official responsible for taking such actions. The Public Information Officer (PIO) denied the information stating that the information sought by the appellant was not available with the department.
View of CIC
The Central Information Commission (CIC) rejected the appeal holding that the information sought by the Appellant is neither held by RBI nor is it expected to be with Public Authority.
Citation: Mr. Basavaraj H. Bavagi v. Reserve Bank of India in Decision No. CIC/SG/A/2012/000802/18729
RTI Citation : RTIFI/2012/CIC/360
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