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CIC issues show cause notice to RBI Gov. Urjit Patel - Etv

Mon, Nov 05, 2018, 10:27 AM
Central Information Commission (CIC) has notified Reserve Bank of India (RBI) Governor, Urjit Patel, for not following Supreme Court (SC) orders and releasing the list of wilful defaulters. The CIC also urged the Prime Minister's Office (PMO), Finance Ministry as well as RBI to make public the letter written by former RBI Governor, Raghuram Rajan, on bad loans. The CIC in it's show cause notice to the RBI Governor, asked him to explain why it should not initiate action against him for 'dishonouring' the SC order.
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