Banks vs. RBI: The Battle Over Transparency and Secrets

Four big banks — Bank of Baroda, RBL Bank, Yes Bank, and SBI — are throwing a fit at the Central Information Commission. They don’t want to show off their defaulters' lists and inspection reports. The RBI insists they must share this info under the RTI Act, but the banks are worried about their business secrets. The CIC is now deciding what to do next.