May 30, 2024 15:02 (IST)
Follow us:
facebook-white sharing button
twitter-white sharing button
instagram-white sharing button
youtube-white sharing button
Shashi Tharoor's former PA arrested at Delhi Airport in gold smuggling case, Congress leader says 'law must take its own course' | Bihar man dies in Delhi hospital due to heat stroke amid record-breaking heatwave in national capital | Bengali film actress Rituparna Sengupta summoned by ED in ration distribution scam | Centre begins process of granting citizenship under CAA in West Bengal | Delhi govt imposes fine on car wash amid severe water crisis
Supreme Court directs SBI to disclose electoral bond numbers
Electoral Bond
Photo courtesy: Avishek Mitra/IBNS

Supreme Court directs SBI to disclose electoral bond numbers

| @indiablooms | 15 Mar 2024, 12:47 pm

New Delhi/IBNS: The Supreme Court on Friday rapped the State Bank of India (SBI) for not disclosing electoral bond numbers and directed the national bank to do it, media reports said. 

The top court, which was hearing a plea by the Election Commission of India (ECI), said data provided by the SBI was "incomplete".

Headed by Chief Justice of India DY Chandrachud, a five-judge bench asked the SBI to release the bond numbers in addition to the details it has already provided following the direction of the Supreme Court.

"Who is appearing for the State Bank of India? They have not disclosed the bond numbers. It has to be disclosed by the State Bank of India," CJI Chandrachud said as quoted by NDTV.

In a landmark ruling last month, the Supreme Court declared the electoral bond scheme, which allowed individuals and businesses to donate funds to political parties anonymously, "unconstitutional", stating that it violated citizens' right to information.

The SBI on Tuesday provided the Electoral Bonds data to the ECI, as per the strict directive from the Supreme Court issued on Monday.

In a big move towards showing transparency regarding political funding, the ECI uploaded the data of the electoral bonds provided to it by the SBI on Thursday, a day before the deadline set by the Supreme Court.

Support Our Journalism

We cannot do without you.. your contribution supports unbiased journalism

IBNS is not driven by any ism- not wokeism, not racism, not skewed secularism, not hyper right-wing or left liberal ideals, nor by any hardline religious beliefs or hyper nationalism. We want to serve you good old objective news, as they are. We do not judge or preach. We let people decide for themselves. We only try to present factual and well-sourced news.

Support objective journalism for a small contribution.