ForumIAS LATEST
- 04 June | MGP Strategy Series | GS Paper 4 (Ethics) with AIR 7 A.R. Rajah Mohaideen Click Here to register for the session →
- 04 June | GS Advance Program begins from 4th June 2026 | First 2 classes open to all Click Here to register for the event →
- 05 June | MGP Strategy Series | GS Paper 3 Strategy Session with AIR 406 Mannat Luthra Click Here to register for the session
- 06 June | Open Orientation on Essay Guidance Program (EGP 2026) Click Here to register →
- 07 June | Open Orientation for Current Affairs for Mains 2026 Click Here to register →
- 07 June | Sociology Optional Strategy Session with AIR 10 Ujjwal Priyank Click Here to register →
- The Supreme Court has directed the Reserve Bank of India (RBI) to disclose information pertaining to its annual inspection report of banks and other material under the Right to Information (RTI) Act unless they are exempted under the law.
- The Supreme Court was hearing contempt petitions filed against the RBI for not complying with the 2015 judgment.The 2015 judgment had rejected the RBI’s argument that it could refuse information sought under the RTI on the grounds of economic interest,commercial confidence, fiduciary relationship or public interest.
- The apex court had said that lower-level economic and financial information like contracts and departmental budgets should not be withheld under the exemption under RTI act.However,the apex court did not go ahead with contempt proceedings against the RBI for not complying with its order but said that it was giving RBI last opportunity to comply with the order.
- The petitioners had sought details pertaining to the RBI’s annual inspection reports of ICICI Bank,AXIS Bank,HDFC Bank and State Bank of India.Further,Information relating to the Sahara Group of Companies and Bank of Rajasthan was also sought from the RBI.
- The RBI had not provided information in view of the exemption from disclosure under Section 8(1)(a) and (b) of the RTI Act.RBI had said that the disclosure was not in the economic interest of the country and would adversely affect the competitive position of a third party



