SBI denies disclosing electoral bond SOP citing commercial confidence exemption under RTI Act.
The State Bank of India (SBI) has denied disclosing its standard operating procedure (SOP) for the sale and redemption of electoral bonds, citing a commercial confidence exemption in response to a Right to Information (RTI) request. Transparency activist Anjali Bhardwaj sought details of the SOP issued to SBI's authorised branches for the electoral bonds scheme. SBI's response noted that the SOPs are internal guidelines exempted under section 8(1)(d) of the RTI Act.
April 02, 2024
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