The Reserve Bank of India said banks can publish photographs of only those borrowers who have been declared wilful defaulters in terms of the central bank’s guidelines. The regulator told banks not to be indiscriminate in publishing photographs of defaulters and guarantors and said there should be a clear policy in this regard, which should describe the criteria for such an action. The action should not appear to be discriminatory or inconsistent, the regulator told the banks. A lending institution can consider publication of the photographs of only those borrowers, including proprietors/ partners /directors / guarantors of borrower firms/ companies, who have been declared as wilful defaulters following the mechanism set out in the RBI instructions, it said.