The State Bank of India (SBI) has refused to disclose its standard operating procedure for the sale and redemption of the electoral bonds that were issued to its authorised branches, citing the exemption given under "commercial confidence", according to an RTI response.
In an application filed under the Right to Information (RTI) Act, transparency activist Anjali Bhardwaj sought the details of the standard operating procedure issued to the SBI's authorised branches on the sale and redemption of the electoral bonds.
Also read: Making sense of the electoral bonds data