RBI governor on electoral bonds: ‘No comments, it's a Supreme court judgement’

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Key Points

The Reserve Bank of India (RBI) governor Shaktikanta Das declined to comment on the electoral bond data and said that the matter is outside the scope of the central bank..

During the post-police press conference, he said, On electoral bonds, we have no comments..

This comes after a five-judge bench of the Supreme Court unanimously struck down the electoral bond scheme as unconstitutional on February 15 saying that the scheme violated Article 19 of the Constitution by not disclosing details of funding..

This came after the Supreme Court told SBI- the only bank dealing in the electoral bonds- to stop being selective and make a complete disclosure of all details by March 21 which includes the unique bond numbers which can match buyers with recipient political parties...

As per the data submitted by State Bank of India (SBI) to the Election Commission of India, this amounts to 48 per cent of all electoral bonds for political parties since 2019-20..

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