On 16 December 2015 a two-judge bench of the Supreme Court rejected the Reserve Bank of India's standing defence that its inspection reports, willful-defaulter lists and supervisory communications with banks were protected from disclosure under Section 8(1)(e) of the Right to Information Act 2005 as fiduciary information. The judgment is the foundational Indian authority on regulator–regulated transparency and continues to shape RTI practice into the DPDP era.