SBI Refuses to Disclose Electoral Bonds' Details Under RTI Act

Despite the availability of the full data on the Election Commission website, the State Bank of India (SBI) refused to disclose the details of electoral bonds, claiming that it is personal information held in a fiduciary capacity. The public sector bank cited the RTI Act while refusing to disclose the information of the now-scrapped scheme.

SBI refuses to disclose electoral bonds data(REUTERS)

RTI activist Commodore (retired) Lokesh Batra approached the SBI on March 13 seeking the complete data of the electoral bonds in the digital form, as provided to the EC after the Supreme Court's order.

While the information is already available to the public on the Election Commission website, the bank refused to provide the details of the electoral bonds scheme citing two exemption clauses given under the Right to Information (RTI) Act -- section 8(1)(e) that is related to records held in a fiduciary capacity and section 8(1)(j) that allows withholding personal information.