Supreme Court to hear plea seeking disclosure of banks' annual inspection reports

The Supreme Court has agreed to hear a plea seeking disclosure of annual inspection and risk assessment reports of banks. The apex court has issued notices to several banks.

Last year, in April the top court had directed the RBI to disclose the reports. However, in December the court had stayed its own order. The ruling came on an application filed by banks, which said such information cannot be shared without first giving them an opportunity to oppose it.