RESERVE BANK OF INDIA vs JAYANTILAL N. MISTRY

The Supreme Court ruled that the Reserve Bank of India (RBI) must disclose information requested under the Right to Information Act, 2005, rejecting the RBI's claim of exemption based on fiduciary relationships with banks. The court emphasized that the RBI has a statutory duty to act transparently in the public interest and cannot withhold information that may embarrass banks. This decision reinforces the accountability of the RBI in its dealings with the public and the banking sector.