- NPAs under PM Modi's Mudra scheme jumped 126% in FY19
- shows RTI
- RTI query reveals banking frauds of ₹ 2.05 Trillion reported in the last 11 years
- 509 per cent rise in cases under child labour law: Study
- The Central Information Commission has allowed disclosure of file notings on the mercy petition of a rape and murder convict, rejecting the government's contention that the records cannot be disclosed as these are privileged documents under Article 74(2) of the Constitution.
- Electoral bonds worth over ₹5,800 crore were bought by donors to fund political parties between March 1, 2018 and May 10, 2019, a Right to Information reply has said.
- Don't pay 500/- for answer sheet now- Supreme Court says if Answer sheet is asked under RTI, RTI Fees will be governed
Search the Community
Showing results for tags 'npa'.
Found 6 results
swarsasi posted a question in Ask for RTI SupportHi all, Can I get the details of a bank loan defaulter through RTI?
akhilesh yadav posted a topic in RTI in MediaAccording to the Reserve Bank of India (RBI), its non-performing assets of nationalized banks has swelled from Rs9,190 crore in 2011-12 to Rs2,16,739 crore in 2013-14. The statistics were provided by the RBI to former journalist Ketan Tirodkar under the Right to Information Act (RTI). Tirodkar has filed a public interest litigation in the Bombay high court seeking that the Central Bureau of Investigation (CBI) be directed to conduct a probe in the NPA scams. Read at: Nationalised banks' non-performing assets shoot up to R2,16,739 crore | Latest News & Updates at Daily News & Analysis
karira posted a topic in RTI Appeals decisionsCIC has held that if a Bank publishes info related to NPAs, then it must provide the same to the RTI applicant: 11. In the instant case admittedly there is a provision in the rules of the bank to publish certain NPA details in newspapers and, therefore, the information which is already published in the newspaper can be shared by the CPIO with the appellant. Decision Notice 12. In view of the larger public interest involved in the matter as the volumes of NPAs are huge amounting to over two lac crore in case of nationalized and public sector banks alone (source, Deportment of Banking Supervision, RBI) as on 31.3.1013, the CPIO is directed to allow inspection of record with reference to point 1(b) of the RTI request only for accounts where action under SARFAESI Act is being taken, severing any confidential information at a mutually convenient date and time and give the details regarding news papers with dates on which the details of 111 NPA cases were published, within three weeks of the receipt of the order of the Commission The CPIO‘s decision is upheld with respect to the other points of the RTI application. The full order is attached to this post. NPA details.pdf
karira posted a topic in RTI in MediaHigher CIC bench to decide disclosure of loan defaulters names An issue of disclosing names and details of big bank loan defaulters will be decided by a larger bench of the Central Information Commission due to complexity of issues involved in making such names public. NPAs or bad loans of PSU banks rose by 28.5 per cent from Rs 1.83 lakh crore in March 2013, to Rs 2.36 lakh crore in September 2013. The case relates to a plea of activist Subhash Agrawal who sought disclosure of names of loan defaulters with outstanding of over Rs one crore with public sector banks. After being denied information by Reserve Bank of India, Agrawal pleaded before Information Commissioner Manjula Parashar that the information should be provided because it is in larger public interest that defaulters of bank loans may be highlighted (and made to face embarrassment) by putting their names in public domain. "Otherwise also RBI gets all such information from banks in its role as supervisory and controlling authority with no question of treating sought information as fiduciary in nature," Agrawal claimed before the Commission. The RBI cited a high court stay order, without producing a copy, saying information cannot be disclosed. They also cited privacy clause of RTI Act which exempts disclosure of personal information. Parashar said it appears that similar issues are under adjudication by the Delhi High Court and an interim stay against the decision of the Commission has been granted by the high court. "There has been contradictory views expressed in the decisions of the Commission regarding application of exemption under section 8(1)(e) to the details regarding NPA accounts," Parashar said while ordering the case to be dealt by higher bench of the Commission. Read More: Higher CIC bench to decide disclosure of loan defaulters names | Business Standard News
Hi all. I took an education loan in 2007 in a nationalised bank. Recently, I was not able to pay the EMIs regularly due to family circumstances and it is now in NPA category. My father's friend is willing to pay off the loan as One Time Settlement. So we approached the bank for it but the bank is not ready to waive the interest off to even a particular extent, considering our situation. What we heard from other bank manager is, a bank manager has the privileges to waive off a good sum in terms of one time settlement of education loan. What should I do now? We are planning to raise the concern to Regional Office. I am not willing to lose the opportunity as the good hearted friend of my father is willing to settle my loan and is ready to get it back from me without any interest. Kindly suggest me a solution people!