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RBI refuses to share info on NPAs and loan defaulters with Sebi, says report

RBI refuses to share info on NPAs and loan defaulters with Sebi, says report

RBI refuses to share info on NPAs and loan defaulters with Sebi, says report
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By CNBC-TV18 Nov 15, 2018 8:50:53 AM IST (Updated)

The Reserve Bank of India (RBI) has refused to give information regarding NPAs and loan defaulters that the Securities and Exchange Board of India (Sebi) had asked for last year, reported The Economic Times.

The Reserve Bank of India (RBI) has refused to give information regarding NPAs and loan defaulters that the Securities and Exchange Board of India (Sebi) had asked for last year, reported The Economic Times.

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The central bank's reluctance to do so stems from the prospect of the data leaking as it becomes known to a wider set of people, the report said citing two people close to the development .
As per the report, Sebi had sent at least two official requests to the RBI seeking such details.
RBI and Sebi didn’t respond to the Economic Times queries seeking comment.
 
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