Key Points
The Election Commission of India made data on electoral bonds public on March 14 two days after the State Bank of India (SBI) submitted the entire data on anonymously purchased bonds to the Supreme Court..
The State Bank of India said it has issued electoral bonds worth Rs 16,518 crore in 30 tranches since the inception of the scheme in 2018...
After submitting the data, the SBI submitted an affidavit, in which it disclosed thata total of 22,217 electoral bonds were purchased and 22,030 were redeemed by political parties between April 1, 2019, and February 15, 2024...
Between April 12, 2019, and February 15, 2024, donors bought 18,871 bonds and 20,421 were redeemed by parties, the SBI informed the top court...
The Election Commission on Thursday said:"In compliance of Honble Supreme Court's directions, contained in its order dated Feb 15 & March 11, 2024 (in the matter of WPC NO.880 of 2017), the State Bank of India (SBI) had provided the data pertaining to the electoral bonds to the Election Commission of India (ECI) on March 12, 2024.".
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