Supreme Court: Banks Cannot Invoke IBC Against Debtors For Builder-Linked Loans  ||  Supreme Court: Non-Disclosure of Failed Candidates’ Marks Does Not Imply They Passed Exams  ||  Supreme Court: Murder Accused Cannot Inherit Property of the Person Allegedly Killed  ||  Supreme Court: Delay in Deposit Does Not Automatically Cancel Contracts under Specific Relief Act  ||  SC: Railways is Treated as a Consumer under the Electricity Act, Not a Distribution Licensee  ||  Bom HC: Genuine Residents Cannot be Denied Relief Due to Aadhaar Deactivation or Biometric Mismatch  ||  Punjab & Haryana High Court: Raid on Rajinder Gupta’s Factory Soon After He Joined BJP From AAP  ||  Madhya Pradesh HC: Delay Can Be Condoned under Limitation Act Where Statute Has No Express Bar  ||  Cal HC Upholds PILs on Great Nicobar Project, Noting Alleged FRA Violations and Tribal Vulnerability  ||  Calcutta HC: Vodafone Idea Must Obtain Copyright Society Licence to Use Songs as Caller Tunes    

Nanik Premchand Rajwani v. Central Public Information Officer, Union Bank of India - (Central Information Commission) (28 Jun 2016)

Disclosure of bank’s business dissuades “window-dressing”, in public interest

MANU/CI/0173/2016

Right to Information

“Any action that results in dissuading commercial entities from indulging in practices such as window-dressing would be in larger public interest”, the Central Information Commission stated, hearing an appeal from an RTI application that had sought specifics on internal functioning of the Union Bank of India.

The Appellant had filed a Right to Information application with the bank, requesting information on its business mix, restricted NPA accounts, and action taken against bank officials who indulged in window-dressing and other unsavoury activities.

CPIO for the bank responded to the application stating that the information was exempt from public disclosure under Section 8(1)(a) of the RTI Act as it would prejudice the economic interests of the bank. Moreover, matters of business mix were of commercial confidence.

The CIC seemed to accept Appellant’s contentions that the bank was hesitant to provide information as it would reveal acts that had adversely affected interests of shareholders. It also noted that the bank published quarterly figures, which would be no less detrimental than the information sought by Appellant.

Relying on earlier Apex precedent, that failure to disclose requisite information under the umbrella of ‘economic interest’ would only attract more suspicion and disbelief, the bench held that disclosure of information concerning daily business mix of a bank does not attract exemption under Section 8.

Relevant : Section 8 Right to Information Act, 2005

Tags : RTI   EXEMPTION   BANK   BUSINESS MIX   PUBLIC INTEREST  

Share :        

Disclaimer | Copyright 2026 - All Rights Reserved