Key Points
New Delhi: The State Bank of India (SBI) has furnished all details of electoral bonds to the Election Commission of India (ECI) as directed by the Supreme Court, the bank told the top court in an affidavit Wednesday...
The bank said that a total of 18,871 bonds were bought and 20,421 were redeemed between 12 April, 2019 and 15 February, 2024 the period for which the court ordered it to furnish the details..
The period of purchase of bonds and the encashment by political parties specified by the top court was from 12 April, 2019 to the present.. On 11 March,when the SBI asked for more time to furnish the details, the court scolded the bank for the delay and gave it 24 hours to send the information to the ECI..
The SBI has given the information to the poll body in a sealed envelope containing the above details in two PDF files, one with details of the purchasers and the other file containing names of the political parties who have encashed these Bonds, the bank told the ECI in a letter dated 12 March the SCs final deadline...
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