Comparison between the Average Load of RTI Applications per Branch, Percentage of Rejection and the Volume of Non-Performing Assets of 24 Public Sector Banks during the Years 2014-15

In May 2014, an expert committee under the Chairpersonship of Mr. P. J. Nayak submitted a report to the Reserve Bank of India, reviewing the governance of boards of banks- both public and private in India. The committee blamed the Right to Information Act, 2005 (RTI Act) as a major constraint on the governance of public sector banks. The Committee believed that the coverage of public sector banks (PS Banks) under the RTI Act severely inhibited their ability to compete with their rivals in the private sector.