[caption id="attachment_179301" align="aligncenter" width="700"]
Will Names Of Bank Defaulters Be Made Public? SC Hearing On Friday[/caption]
The Supreme Court will hold a hearing on Friday (October 28) on whether the names of the individual and companies with non-performing assets (NPAs) of Rs 500 crore or more should be made public.
A bench of Chief Justice TS Thakur, Justice DY Chandrachud and Justice L Nageswara Rao on Monday decided to hold a hearing on the limited point as counsel for NGO Centre for Public Interest Litigation (CPIL) Prashant Bhushan urged the bench to make public the list of the defaulters submitted by the Reserve Bank of India.
ALSO READ: RBI Governor Urjit Patel Presents His Maiden Monetary Policy, Cuts Repo Rate By 0.25 Percent To 6.25 Percent
Bhushan told the bench that since the apex bank was covered under the Right to Information Act, the list of defaulters with NPAs of Rs 500 crore or more should be disclosed.