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The Reserve Bank of India has been given a last opportunity by the Supreme Court to stop being in contempt of the court's clear and unambiguous order of December 2015. Ruling on a batch of contempt petitions against the RBI, a two judge bench directed it to furnish all information relating to inspection reports and other material sought by Right to Information petitioners, save material exempted by the court's earlier order particularly on the grounds that it had a bearing on the security of the state. The bench made it clear that any further violation shall be viewed seriously. The banking regulator has repeatedly tried to stonewall multiple requests seeking information ranging from the names of wilful defaulters on bank loans worth hundreds of crores of rupees, to the bank-wise breakup of mark-to-market losses and the losses in foreign currency derivatives contract cases. The Central Information Commission too had, in November, directed the then RBI Governor, Urjit Patel, to show cause why maximum penalty should not be imposed on him for the central bank's defiance of Supreme Court orders on disclosing the names of wilful loan defaulters. The RBI was ticked off by the CIC for failing to uphold the interest of the public and not fulfilling its statutory duty to depositors, the economy and the banking sector, by privileging individual banks' interests over its obligation to ensure transparency.