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Prof. K.Nageswar on why bank defaulters names are secret

Fri, Nov 09, 2018, 09:24 PM
Central Information Commission (CIC) has written to Reserve Bank of India (RBI) to reveal the names of bank loan defaulters before November 16. RBI has refused to divulge these details uptill now, on the pretext of an understanding between the banks and the loan defaulters. However, several are questioning this stand of the RBI. In whose interest are the names being with held, is the question. It is a well-known fact that most such defaulters are members of Parliament or Assemblies.
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