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

“Forever in Our Hearts”: Jr NTR and Kalyan Ram Remember Harikrishna

Nandamuri Harikrishna, son of legendary actor N.T. Rama Rao,...

Kiccha Sudeepa’s ‘Devaraaya’ Announced: Who Is the Director?

Kannada superstar Abhinaya Chakravarthy Kiccha Sudeepa is celebrating his...

Dragon: Prashanth Neel Shoots Key Scenes Without Jr NTR

Jr NTR’s highly anticipated collaboration with director Prashanth Neel,...

Dil Raju Hails Irumudi Success, Says the Film Has Energised the Industry

Ravi Teja’s Irumudi continues to dominate the box office,...