Karnataka Information Commission classifies Apex Bank as public authority under RTI
→Cooperative bank brought under transparency law
Change
India’s Karnataka Information Commission declared the State Co-operative Apex Bank a public authority under the RTI Act.
Why it matters
The order mandates disclosure obligations and removes the bank’s ability to deny information requests based on cooperative status.
Implications
- → Bank must disclose records — transparency requirements enforced
- → Regulatory oversight increases — compliance burden rises
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Source
View on The Hindu