SBI refuses to disclose SOP for sale, redemption of electoral bonds in RTI reply

New Delhi, 2/4: Citing the exemption given under “commercial confidence” clause under RTI, the SBI has refused to disclose its Standard Operating Procedures (SOPs) for the sale and redemption of the electoral bonds, a decision that attracted the criticism of transparency..

Transparency activist Anjali Bhardwaj, who is a trustee of Common Cause that filed a petition against electoral bonds, had sought a copy of the SOPs issued to the SBI’s authorised branches on the sale and redemption of the electoral bonds.

 

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