{"id":90841,"date":"2016-12-07T16:41:40","date_gmt":"2016-12-07T11:11:40","guid":{"rendered":"http:\/\/www.scconline.com\/blog\/?p=90841"},"modified":"2017-02-03T10:55:00","modified_gmt":"2017-02-03T05:25:00","slug":"information-regarding-loans-granted-to-gautam-adani-group-by-state-bank-of-india-exempted-from-disclosure","status":"publish","type":"post","link":"https:\/\/www.scconline.com\/blog\/post\/2016\/12\/07\/information-regarding-loans-granted-to-gautam-adani-group-by-state-bank-of-india-exempted-from-disclosure\/","title":{"rendered":"Information regarding loans granted to Gautam Adani Group by State Bank of India exempted from disclosure"},"content":{"rendered":"

Central Information Commission (CIC):\u00a0<\/strong>While reiterating that third party\u2019s personal information held by the bank in fiduciary capacity involving commercial confidence is exempt from disclosure under Section 8(1)(d), (e) and (j) of the RTI Act, CIC disposed of an appeal seeking information from the State Bank of India (Mumbai) regarding the basis of giving huge loans to Gautam Adani Group along with the evidence that the loan was connected to the coal mines of Australia.<\/p>\n

It was alleged by the appellant that the Group has taken loans worth about Rs. 77,000 crores from various banks and the Group\u2019s financial position was not sound, therefore, he wanted the information. Earlier, appellant approached CPIO and the first appellate authority (FAA) of the Bank but was informed that the information being sought was commercial information and held by them in trust for the third party, therefore, it could not be provided. The contention of the appellant that larger public interest was involved in the matter as it was his duty to enquire into the documents submitted by the Group, was rejected by the Commission on the ground that appellant had not even mentioned any larger public interest in the matter let alone substantiate in his RTI application. \u201cThe Commission finds that the appellant had sought third party\u2019s personal information held by the bank in fiduciary capacity involving commercial confidence. The Commission, therefore, holds that the information sought is exempt under Section 8(1)(d), (e) and (j) of the RTI Act,\u201d noted the Commission while disposing of the appeal. [Ramesh Ranchordas Joshi v. State Bank of India, 2016 SCC OnLine CIC 15858<\/a>, decided on October 4, 2016]<\/p>\n","protected":false},"excerpt":{"rendered":"

Central Information Commission (CIC):\u00a0While reiterating that third party\u2019s personal information held by the bank in fiduciary capacity involving commercial confidence is exempt <\/p>\n","protected":false},"author":91,"featured_media":22383,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[3,11],"tags":[11761,2606,11771],"class_list":["post-90841","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-casebriefs","category-tribunals_commissions_regulatorybodies","tag-public-interest","tag-right_to_information","tag-third-party"],"yoast_head":"\nInformation regarding loans granted to Gautam Adani Group by State Bank of India exempted from disclosure | SCC Times<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link 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Bank of India directed to disclose names of borrowers of Kisan Credit Card loans alongwith the borrowed amount","author":"Sucheta","date":"December 11, 2015","format":false,"excerpt":"Central Information Commission: \u201cSince KCC (Kisan Credit Card) loans benefit from interest subvention given from Government funds, some information concerning the same ought to be available in the public domain,\u201d observed CIC while directing Central Bank of India to disclose the names of borrowers alongwith the borrowed amount. The matter\u2026","rel":"","context":"In "Case Briefs"","block_context":{"text":"Case Briefs","link":"https:\/\/www.scconline.com\/blog\/post\/category\/casebriefs\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/www.scconline.com\/blog\/wp-content\/uploads\/2015\/10\/central_information_commission.jpg?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/www.scconline.com\/blog\/wp-content\/uploads\/2015\/10\/central_information_commission.jpg?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/www.scconline.com\/blog\/wp-content\/uploads\/2015\/10\/central_information_commission.jpg?resize=525%2C300&ssl=1 1.5x, https:\/\/i0.wp.com\/www.scconline.com\/blog\/wp-content\/uploads\/2015\/10\/central_information_commission.jpg?resize=700%2C400&ssl=1 2x, https:\/\/i0.wp.com\/www.scconline.com\/blog\/wp-content\/uploads\/2015\/10\/central_information_commission.jpg?resize=1050%2C600&ssl=1 3x"},"classes":[]},{"id":204862,"url":"https:\/\/www.scconline.com\/blog\/post\/2018\/11\/05\/treating-rbi-governor-as-deemed-cpio-cic-issues-show-cause-notice-for-non-disclosure-of-wilful-defaulters-of-bad-loans\/","url_meta":{"origin":90841,"position":1},"title":"Treating RBI Governor as deemed CPIO, CIC issues show cause notice for non-disclosure of “wilful defaulters of bad loans”","author":"Bhumika Indulia","date":"November 5, 2018","format":false,"excerpt":"\u201cWhy is RBI fighting tooth and nail to defend defaulters?\u201d Central Information Commission (CIC): A Bench comprising of Prof. M. 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Earlier,\u2026","rel":"","context":"In "Case Briefs"","block_context":{"text":"Case Briefs","link":"https:\/\/www.scconline.com\/blog\/post\/category\/casebriefs\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/www.scconline.com\/blog\/wp-content\/uploads\/2015\/10\/central_information_commission.jpg?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/www.scconline.com\/blog\/wp-content\/uploads\/2015\/10\/central_information_commission.jpg?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/www.scconline.com\/blog\/wp-content\/uploads\/2015\/10\/central_information_commission.jpg?resize=525%2C300&ssl=1 1.5x, https:\/\/i0.wp.com\/www.scconline.com\/blog\/wp-content\/uploads\/2015\/10\/central_information_commission.jpg?resize=700%2C400&ssl=1 2x, https:\/\/i0.wp.com\/www.scconline.com\/blog\/wp-content\/uploads\/2015\/10\/central_information_commission.jpg?resize=1050%2C600&ssl=1 3x"},"classes":[]},{"id":239367,"url":"https:\/\/www.scconline.com\/blog\/post\/2020\/11\/19\/cic-third-party-information-in-light-of-s-11-of-rti-act-exemption-of-disclosure-of-information-read-commissions-view\/","url_meta":{"origin":90841,"position":3},"title":"CIC | Third Party-Information in light of S. 11 of RTI Act & exemption of disclosure of information: Read Commission’s view","author":"Bhumika Indulia","date":"November 19, 2020","format":false,"excerpt":"Central Information Commission (CIC):\u00a0Neeraj Kumar Gupta (Information Commissioner) addressed the instant matter and highlighted the essence of provisions of Right To Information Act, 2005 in regard to third-party information. Appellant filed an application under the Right to Information Act, 2005 before the Central Public Information officer, the Principal Chief Commissioner\u2026","rel":"","context":"In "Case Briefs"","block_context":{"text":"Case Briefs","link":"https:\/\/www.scconline.com\/blog\/post\/category\/casebriefs\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/www.scconline.com\/blog\/wp-content\/uploads\/2015\/10\/central_information_commission.jpg?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/www.scconline.com\/blog\/wp-content\/uploads\/2015\/10\/central_information_commission.jpg?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/www.scconline.com\/blog\/wp-content\/uploads\/2015\/10\/central_information_commission.jpg?resize=525%2C300&ssl=1 1.5x, https:\/\/i0.wp.com\/www.scconline.com\/blog\/wp-content\/uploads\/2015\/10\/central_information_commission.jpg?resize=700%2C400&ssl=1 2x, https:\/\/i0.wp.com\/www.scconline.com\/blog\/wp-content\/uploads\/2015\/10\/central_information_commission.jpg?resize=1050%2C600&ssl=1 3x"},"classes":[]},{"id":213408,"url":"https:\/\/www.scconline.com\/blog\/post\/2019\/04\/09\/cic-information-sought-part-of-a-limited-question-bank-and-disclosure-of-the-same-may-compromise-the-basic-integrity-of-question-bank-concerned\/","url_meta":{"origin":90841,"position":4},"title":"CIC | Information sought part of a limited question bank and disclosure of same\u00a0 may compromise the basic integrity of question bank concerned","author":"Bhumika Indulia","date":"April 9, 2019","format":false,"excerpt":"Central Information Commission (CIC): The Bench of Neeraj Kumar Gupta, Information Commissioner, in an order in respect of an appeal filed before CPIO, M\/o Railways, Railways Board, New Delhi stated that for the information sought is a part of a limited question bank the disclosure of which may compromise the\u2026","rel":"","context":"In "Case Briefs"","block_context":{"text":"Case Briefs","link":"https:\/\/www.scconline.com\/blog\/post\/category\/casebriefs\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/www.scconline.com\/blog\/wp-content\/uploads\/2015\/10\/central_information_commission.jpg?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/www.scconline.com\/blog\/wp-content\/uploads\/2015\/10\/central_information_commission.jpg?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/www.scconline.com\/blog\/wp-content\/uploads\/2015\/10\/central_information_commission.jpg?resize=525%2C300&ssl=1 1.5x, https:\/\/i0.wp.com\/www.scconline.com\/blog\/wp-content\/uploads\/2015\/10\/central_information_commission.jpg?resize=700%2C400&ssl=1 2x, https:\/\/i0.wp.com\/www.scconline.com\/blog\/wp-content\/uploads\/2015\/10\/central_information_commission.jpg?resize=1050%2C600&ssl=1 3x"},"classes":[]},{"id":242781,"url":"https:\/\/www.scconline.com\/blog\/post\/2021\/01\/25\/cic-whether-husband-is-entitled-to-seek-information-re-wifes-bank-details-and-it-returns-commission-answers-while-discussing-who-is-third-party\/","url_meta":{"origin":90841,"position":5},"title":"CIC | Whether husband is entitled to seek information re wife’s bank details and IT Returns? Commission answers while discussing who is “third party”","author":"Bhumika Indulia","date":"January 25, 2021","format":false,"excerpt":"Central Information Commission (CIC): Neeraj Kumar Gupta (Information Commissioner) held that: \u201cSince filing of the Income Tax Returns by an individual with the Income Tax Department is not a public activity and rather it is in the nature of an obligation which a citizen owes to the State viz. to\u2026","rel":"","context":"In "Case Briefs"","block_context":{"text":"Case Briefs","link":"https:\/\/www.scconline.com\/blog\/post\/category\/casebriefs\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/www.scconline.com\/blog\/wp-content\/uploads\/2015\/10\/central_information_commission.jpg?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/www.scconline.com\/blog\/wp-content\/uploads\/2015\/10\/central_information_commission.jpg?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/www.scconline.com\/blog\/wp-content\/uploads\/2015\/10\/central_information_commission.jpg?resize=525%2C300&ssl=1 1.5x, https:\/\/i0.wp.com\/www.scconline.com\/blog\/wp-content\/uploads\/2015\/10\/central_information_commission.jpg?resize=700%2C400&ssl=1 2x, https:\/\/i0.wp.com\/www.scconline.com\/blog\/wp-content\/uploads\/2015\/10\/central_information_commission.jpg?resize=1050%2C600&ssl=1 3x"},"classes":[]}],"amp_enabled":true,"_links":{"self":[{"href":"https:\/\/www.scconline.com\/blog\/wp-json\/wp\/v2\/posts\/90841","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.scconline.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.scconline.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.scconline.com\/blog\/wp-json\/wp\/v2\/users\/91"}],"replies":[{"embeddable":true,"href":"https:\/\/www.scconline.com\/blog\/wp-json\/wp\/v2\/comments?post=90841"}],"version-history":[{"count":0,"href":"https:\/\/www.scconline.com\/blog\/wp-json\/wp\/v2\/posts\/90841\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.scconline.com\/blog\/wp-json\/wp\/v2\/media\/22383"}],"wp:attachment":[{"href":"https:\/\/www.scconline.com\/blog\/wp-json\/wp\/v2\/media?parent=90841"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.scconline.com\/blog\/wp-json\/wp\/v2\/categories?post=90841"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.scconline.com\/blog\/wp-json\/wp\/v2\/tags?post=90841"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}