Electoral bonds: CIC dismisses appeal seeking disclosure of reports by SBI

New Delhi: Central Information Commission dismissed an appeal seeking disclosure of reports submitted by State Bank of India to the Centre and Reserve Bank of India, regarding sale and encashment of electoral bonds in 2018 which are withheld by SBI on grounds of personal information held in fiduciary capacity.
Nearly, three years after an appeal was filed with the Central Information Commission (CIC), the highest adjudicator of RTI matters, Information Commissioner Suresh Chandra noted that there appears to be “no public interest” in further prolonging the matter as there is no substance in the appeal calling for intervention by the Commission.
“The Commission after adverting to the facts and circumstances of the case, hearing both the parties and perusal of records, feels that due information has been given to the appellant,” he said.
The case pertains to an RTI application filed by activist Venkatesh Nayak seeking denomination wise details of electoral bonds sold by State Bank of India (SBI) in March and April 2018, total number of buyers, application forms submitted for buying the bonds, reports submitted by SBI to Reserve Bank of India (RBI) and the government on sale and encashment of bonds, in his eight pointer application.


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