PSBs: First accurate data and transparency

Vivek Velankar, president of the Pune-based Sajag Nagrik Manch, wanted to know the amount that State Bank of India (SBI) had written off over the years as bad loans. He filed a query under the Right to Information Act. The bank refused to part with the information on laughably absurd grounds that collating the information would be a waste of resources. The write-offs, like advances and deposit figures, should be available at a click of the mouse. But SBI, a government-controlled entity, wants to keep even basic information well-hidden from the public. Mr Velankar then tried another tack......

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