In Brief
The Supreme Court addressed three contempt petitions arising from the RBI's alleged non-compliance with its earlier landmark judgment regarding disclosure of banking information under the Right to Information Act, 2005. The RBI had adopted a disclosure policy exempting inspection reports and financial information, contrary to the earlier ruling that no fiduciary relationship existed justifying non-disclosure. The Court held the RBI committed contempt by implementing the restrictive policy and directed withdrawal of improper exemptions. The Court also clarified that contempt petitions may be filed by any aggrieved party when general directions are violated, not merely original judgment parties. A final opportunity was granted to comply fully."
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