The State Bank of India on Monday requested the Supreme Court to extend till June 30 the deadline for providing information relating to electoral bonds to the Election Commission.
On February 15, the Supreme Court struck down the electoral bonds scheme as unconstitutional, saying that it could lead to quid pro quo arrangements between donors and political parties.
The court directed the State Bank of India to immediately stop issuing electoral bonds. It also ordered the bank to issue details of the political parties that received electoral bonds from April 12, 2019 and submit them to the Election Commission by March 6.
The poll body has been directed to publish the details by March 13 on its website, including each bond’s date of purchase, purchaser and denomination. It should also include details of the political parties that have received contributions through electoral bonds since April 12, 2019.
In its application filed before the top court on Monday, the public sector bank said that 22,217 electoral bonds were issued between the period April 12, 2019 to February 15, 2024.
The “details of purchases made at the branches are not maintained centrally at any one place, such as the name of purchaser/donor which could be tallied with date of issue, place of issue (branch),...
-
10 Major Changes Planned for NPS: Open a Pension Account in Minutes Without Visiting a Bank
-
Solar Panels: At what level of electricity consumption is installing solar panels beneficial? Find out here.
-
Realizing the dream of homeownership in smaller cities is becoming easier as banks open their coffers for loans.
-
Computer Science Sees ₹1.2 Crore Placement; IIT Kanpur Receives 49 PPOs
-
Horoscope Today: Astrological prediction September 4, 2026 for all zodiac signs
