The State Bank of India (SBI) has refused to disclose under the Right to Information (RTI) Act the details of the electoral bonds furnished to the Election Commission (EC) of India, claiming that it is personal information held in a fiduciary capacity, even though the records are in the public domain on the poll panel's website.
Holding that the electoral bonds scheme was "unconstitutional and manifestly arbitrary", the Supreme Court directed the SBI on February 15 to furnish the complete details of the bonds purchased since April 12, 2019 to the EC, which would publish the information on its website by March 13.
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