SBI Provides Electoral Bond Details to Election Commission: Affidavit Submission

Date:

The State Bank of India informed the Supreme Court that it has furnished all electoral bond details to the Election Commission, ensuring compliance with directives. While complete account numbers and KYC details remain undisclosed for cyber security reasons, information revealing bond purchasers, denominations, and encashment specifics has been provided. The affidavit confirms SBI’s adherence to court orders, emphasizing that no relevant details have been withheld, following the apex court’s insistence for full disclosure by March 21.

In response to the court’s previous directives, the SBI halted selectivity and ensured comprehensive revelation of electoral bond scheme particulars by the specified deadline. The court’s prior ruling, labeling the scheme unconstitutional and mandating disclosure of donor, donation, and recipient details by March 13, culminated in the closure of the controversial initiative. With SBI’s submission of bond purchase records and associated data to the EC by March 6, the apex court continues its vigilance over transparency in political funding.

LEAVE A REPLY

Please enter your comment!
Please enter your name here

Share post:

Popular

More like this
Related

Unlock Exciting Offers: Exclusive Bonuses and Promotions Await at Ocean Breeze Casino

Discover unbeatable bonuses and promotions at Ocean Breeze Casino - claim your rewards now!

Uncover the Best Games to Play on Juicy Stakes for Australian Players: A Comprehensive Guide

Top Games to Play on Juicy Stakes for Australian...

Jackie Jackpot: Safeguarding Player Safety with Enhanced Security Measures

Ensuring Player Safety: Security Measures at Jackie Jackpot In today's...

Discover the Exclusive VIP Program at Batman Casino: A Elite Gaming Experience Await

Elevate your gaming experience with the exclusive VIP Program at Batman Casino. Unlock premium rewards and benefits today!