Information pertaining to certain loan correspondence - the appellant had taken a loan which became a nonperforming asset - appellant claimed that his account was restructured without his knowledge - CIC: bank to provide inspection of the file
1. The appellant filed an RTI application on 28.03.2012 seeking information pertaining to certain loan correspondence.
2. The PIO responded on 28.04.2012 and directed the appellant to deposit the requisite fee for obtaining the photo copies of the documents. The appellant filed a first appeal on 16.06.2012 with the first appellate authority (FAA). The FAA responded on 18.07.2012 and provided point wise information to the appellant. The appellant filed a second appeal on 20.09.2012 with the Commission.
3. The appellant and the respondent both participated in the hearing through video conferencing.
4. The appellant referred to his RTI application of 28.03.2012 and stated that he sought information on 6 points but the respondent bank has not provided the full information. The appellant stated that only partial information has been given.
5. The respondent stated that complete information has been given to the appellant in two installments. The respondent stated that the information on points 1,4,5,6 was given on 22.05.2012 and further information on points 2 and 3 was given on 18.07.2012.
6. The respondent stated that the appellant had taken a loan in the year 2006 which has now become a nonperforming asset (NPA).
7. The appellant stated that he had taken a loan for a project connected with Khadi Village Industry that this included term loan for equipment and for working capital. The appellant stated that he did not know anything but that his account was restructured without his knowledge and an instalment of Rs.23,000/ per month was fixed to be paid in 55 months.
8. The respondent stated that the appellant account has become NPA as per the norms of the bank after the repayment has been defaulted upon. The respondent stated every information has been given.
9. It will be appropriate for the bank to enable the appellant to inspect the file and provide photo copies of the relevant documents.
10. The respondent is directed to enable the appellant, within 30 days of this order, to inspect the relevant file along with being provided photo copies of the pertinent documents. The appeal is disposed of. Copy of decision be given free of cost to the parties.
Citation: Shri Madan Yadav v. State Bank of India in Decision No.CIC/VS/A/2012/001557/04924.