The Central information Commission has asked State Bank of India to
publish bank's manual on loans and advances pertaining to micro and
small enterprises on its website and put these under Right to
information Act.
SBI refused to give information to Chakradhar Panigrahi giving reason
that sought information it was exempted from disclosure under Section
8(1)(d) of the RTI Act.
Chief Information Commissioner A.N. Tiwari after hearing both sides
has decided on November 4, 2010 vide CIC/AT/A/2010/000596 that the
policies and procedures followed by the Bank in matters of
microfinance touch the lives of millions of people. There is good
reason why these policies as well as the procedures established
thereof should be in the public domain in order that the customers of
the Bank and the potential customers for microfinance are suitably
made aware about all its pros and cons before taking the decision to
become a loanee of the Bank.
PM Kardala (Ghotala)
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