In 2014, when I was writing my second book on India’s largest shadow bank, I wanted certain information from India’s banking regulator. One of my colleagues sent an application to the Reserve Bank of India (RBI) under the Right to Information (RTI) Act with a Rs 10 postal order. The central bank declined to part with the information. I was not surprised as that was the tradition.
Now, if I write to the RBI seeking the same information — its inspection report of any regulated entity — I will, most probably, get it, unless it is a threat to national security
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