BBC Business editor Robert Peston has told MPs he does not believe his reporting led to the collapse of Northern Rock.
Mr Peston broke the story of the bank asking for emergency funding from the government in September 2007.
He has been criticised for causing the run on Northern Rock that followed.
But he told the Treasury select committee he had acted responsibly in reporting the facts, which were from multiple sources and had been checked.
Mr Peston was one of five leading business journalists being quizzed by the committee on the role of the media in the financial crisis.
The British Bankers' Association has singled out Mr Peston and the BBC for acting "injudiciously" in reporting the problems at Northern Rock, the committee heard.
But Mr Peston said he had never held off from reporting a story he knew to be true to serve a wider interest.
Read more: BBC Politics