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No info about customers bank account under RTI

Noting that agreements entered into by banking enterprises with its customers were matters of "commercial confidence", the Central Information Commission (CIC) has ruled out disclosure of information pertaining to bank account details under the Right to Information Act.

"A bank is a commercial entity and the agreement that it has arrived at with other parties are a matter of commercial confidence. The bank holds such infor mation concerning private persons in a relationship of trust," Information Commissioner Padma Balasubramaniam said in a recent order.

The Commission said this while dismissing a RTI request of an Amritsar resident Rajan Verma who had sought from Canara Bank five years' details about all non-performing accounts (NPAs) at its Jallandhar branch, and settlements pertaining to them.

An account of a borrower is declared to be as non-per forming when such a borrower is classified by a bank to be as sub-standard or doubtful, following which a compromise is arrived at.

"A one-time settlement that has been arrived at by the bank in respect of a nonperforming account being a matter of commercial confidence, the bank is under no obligation to disclose such information unless it is satisfied that larger public interest warrants the disclosure of such information," the commission said in its order.