Recently, the Calcutta High Court ruled that the Reserve Bank of India is a State under Article 12 of the Indian Constitution, and therefore a writ against it is maintainable. The judgment further reads that even private banks can’t seek the refuge of being non-state actors to challenge the writ petition’s maintainability filed against them,
RBI is “State” under Article 12 and Private banks Perform Public Function, So Writ is maintainable- Cal HC
