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

Slum Dog – 33 Temple Road: Zarina Wahab’s Emotional Character Glimpse Released

Bollywood veteran Zarina Wahab is set to portray a...

Ranabaali Update: Rahul Sankrityan Addresses Post-Production Delay Rumours

Director Rahul Sankrityan has provided a fresh update on...

Love & War OTT Deal: Ranbir-Alia Starrer Reportedly Gets ₹25 Crore Streaming Deal

Sanjay Leela Bhansali’s Love & War is among the...

Peddi Hindi TV Premiere Date Locked: Ram Charan Film to Air on Sony MAX

Ram Charan’s Peddi is set to make its television...