Updated for 2026 Syllabus Detailed Explanations High-Yield Core Concepts

Bank Promotion Exam Guide

Banking Awareness | Banking Knowledge | for all Bank Exams

Module: | Priority Sector, Consumer Protection & Digital Lending

Q58: According to the guidelines on Secrecy Obligations, in which of the following circumstances is a bank permitted to disclose customer information?

1. Where disclosure is under compulsion of law.
2. Where there is a duty to the public to disclose.
3. Where the interest of the bank requires disclosure.
4. Where the disclosure is made with the express or implied consent of the customer.
A
1 and 2 only
B
1, 2, and 4 only
C
3 and 4 only
D
All of the above
✅ Correct Answer: D
Exceptions to secrecy: compulsion of law, duty to the public, interest of the bank, and customer consent.