Applicability of rti provision to banks
Seshagiri Viswanatha Rao
(Querist) 22 September 2012
This query is : Resolved
Good Morning Experts
According to section 24 read with 27 of Central Act No 22 of 2005 of RTI Act, 2005, the nodal ministry of Government of India have notified certain security organisations established by Central Government. On perusal Second Schedule, the nodal ministry have notified banking institutions and as such it is requested to indicate whether the banking institutions can/may invoke any clause(s)/section(s) of Central Act of RTI in the absence of publication of gazette notification by the nodal ministry duly granting exemptions to the banking institutions. It is also not clear whether the banks have been exempted subsequently as required under relevant act in question
Kiran Kumar
(Expert) 22 September 2012
Banks are covered under the provisions of RTI Act.
Sudhir Kumar, Advocate
(Expert) 26 September 2012
Govt banks covered under RTI act are empowered to deny fiduciary information or trade secrets.