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SBI furnishes complete electoral bond details with serial numbers to ECI

by Blitzindiamedia
March 21, 2024
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Team Blitz India

NEW DELHI: The State Bank of India (SBI) Chairman filed the compliance affidavit in Supreme Court (SC), saying all details of Electoral Bonds, including the alphanumeric numbers, have been disclosed to the Election Commission of India (ECI), according to reports.

Earlier, on March 21, the SBI had provided all details of the Electoral Bonds in its possession to the ECI, the SBI affidavit stated. The action comes after the top Court criticised the public lender for being “selective” and ordered it to disclose all details related to the electoral bonds scheme by March 21.

The SC had demanded that the bank provide complete disclosure, including the unique bond numbers, which would reveal the link between the buyers and the recipient political parties.

A five-judge Bench headed by Chief Justice DY Chandrachud had said, “There is no manner of doubt that SBI is required to make a complete disclosure of all details in its possession… This, we clarify, would comprehend the alphanumeric number and the serial number, if any, of the bonds which were purchased and redeemed.”

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