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Home > News > India News > Article > CIC junks plea for info on electoral bonds

CIC junks plea for info on electoral bonds

Updated on: 20 December,2021 08:17 AM IST  |  New Delhi
Agencies |

SBI had refused to share details of the bonds citing ‘personal data’

CIC junks plea for info on electoral bonds

CIC said there was ‘no public interest’ in the info sought

The 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 a 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 case pertains to an RTI application filed by Venkatesh Nayak seeking denomination wise details of electoral bonds sold by SBI in March and April 2018, the total number of buyers, reports submitted by SBI to RBI and the government on sale and encashment of bonds. The SBI did not give details on application forms submitted for purchase of the bonds and the reports submitted by it to RBI and the government, citing two exemption clauses. 


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