Tension Between Indian Supreme Court and RBI over Defaulters

Posted on 05/09/2019

Facing pressure from the Indian Supreme Court, the Reserve Bank of India (RBI) is expected to withdraw its privacy protections for defaulters. While the central bank had been dragging its feet, the Supreme Court has now ruled that the bank should disclose the details surrounding willful defaulters. This was originally intended under the 2005 Right […]

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