SBI's plea for 4 more months for electoral bonds data draws skepticism from some quarters
10 months ago

SBI's plea for 4 more months for electoral bonds data draws skepticism from some quarters

New Indian Express  

Even as State Bank of India has claimed that it needs another 116 days to submit the list of thousands of people and companies who donated money to political parties under the electoral bonds scheme, some in the banking industry are not buying the arguments given by SBI. Some, such as H Venkatachalam, General Secretary of All India Bank Employees’ Association - the largest and oldest of India’s bank employee unions, are not buying the State Bank of India’s explanation. State Bank of India had, in its plea before the Supreme Court, maintained it does not keep digital records on the sale of electoral bonds to safeguard the privacy of those who are donating money to political parties. Another point that the two banking industry veterans dispute is SBI’s position that it has to depend entirely on physical records to come up with the data sought by the Supreme Court.

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History of this topic

‘He fully lied to nation’: Congress reacts to PM Modi's statement on electoral bonds
9 months, 1 week ago

‘He fully lied to nation’: Congress reacts to PM Modi's statement on electoral bonds

Hindustan Times  

After Prime Minister Narendra Modi broke his silence on the now-scrapped electoral bonds scheme, Congress spokesperson Jairam Ramesh on Monday accused him of ‘fully lying to the nation.’ Congress MP Jairam Ramesh and PM Narendra Modi. He claims that ‘where funds have come from, how they are being used’ is only known due to the Electoral Bond Scheme instituted by …

'Breach of trust': Ex-finance secretary on SBI's electoral bonds move
9 months, 2 weeks ago

'Breach of trust': Ex-finance secretary on SBI's electoral bonds move

India Today  

Former Finance Secretary Subhash Garg has suggested that the electoral bonds data released by the State Bank of India exposed a significant breach of trust. Speaking to India Today, the former Finance Secretary said, "The meticulously designed electoral bonds, meant to safeguard against any link between donors and political affiliations, did have an invisible alphanumeric code, not meant to be …

Electoral bonds are ‘post-raid’ bribes to BJP-led government: Jairam Ramesh
9 months, 2 weeks ago

Electoral bonds are ‘post-raid’ bribes to BJP-led government: Jairam Ramesh

Hindustan Times  

New Delhi: Senior Congress leader and MP Jairam Ramesh on Saturday said that the electoral bonds are “pre-paid”, “post-paid” and “post-raid” bribes, through which the central government had given Rs.3.8 lakh crore in projects and contracts to private companies in exchange for Rs.2,004 crore in donations to the Bharatiya Janata Party. In its 2019 manifesto, the Congress promised to scrap …

Election Commission uploads electoral bond data with latest details submitted by SBI
9 months, 2 weeks ago

Election Commission uploads electoral bond data with latest details submitted by SBI

Hindustan Times  

The Election Commission of India on Thursday uploaded the electoral bond data on its website with the latest details submitted by the State Bank of India. The bank held back complete bank account numbers and KYC details of the political parties which redeemed the bonds citing security reasons. It said complete bank account numbers and KYC details were not necessary …

Electoral Bonds case | SBI confirms to Supreme Court its ‘complete disclosure’ of electoral bonds data
9 months, 2 weeks ago

Electoral Bonds case | SBI confirms to Supreme Court its ‘complete disclosure’ of electoral bonds data

The Hindu  

The State Bank of India on Thursday informed the Supreme Court that it has made a “complete disclosure” of all the details regarding the purchase and encashment of electoral bonds in its possession and custody to the Election Commission of India for publication on its official website. In an affidavit, SBI chairman Dinesh Kumar Khara said that the information shared …

SBI submits electoral bonds details with serial numbers to Election Commission
9 months, 2 weeks ago

SBI submits electoral bonds details with serial numbers to Election Commission

India TV News  

Electoral Bonds Row: State Bank of India has submitted all details of electoral bonds with serial numbers to the Election Commission of India, on the directions of the Supreme Court. SBI Chairman filed a compliance affidavit in Supreme Court saying that all details of Electoral Bonds, including the alphanumeric numbers, have been disclosed to the Election Commission. "On March 21, …

SBI submits all details of electoral bonds with unique numbers to Election Commission
9 months, 2 weeks ago

SBI submits all details of electoral bonds with unique numbers to Election Commission

Hindustan Times  

The State Bank of India on Thursday submitted complete details of the electoral bonds including the unique numbers to the Election Commission complying with the order of the Supreme Court. SBI filed an affidavit in the Supreme Court stating that it has submitted all details of electoral bonds to the Election Commission. The bank chairman told the Supreme Court that …

‘Don’t shout at me': CJI DY Chandrachud chides lawyer during electoral bonds hearing
9 months, 3 weeks ago

‘Don’t shout at me': CJI DY Chandrachud chides lawyer during electoral bonds hearing

Hindustan Times  

New Delhi: Chief Justice of India DY Chandrachud on Monday chided a lawyer during the Supreme Court's hearing on the electoral bonds case. Read here: Electoral Bonds: Supreme Court rebukes SBI, says don't be ‘selective’ Per a viral video, CJI Chandrachud scolded advocate Mathews Nedumpara and told him not to raise his voice. Meanwhile, the top court directed the SBI …

Electoral Bonds: Supreme Court rebukes SBI, says don't be ‘selective’
9 months, 3 weeks ago

Electoral Bonds: Supreme Court rebukes SBI, says don't be ‘selective’

Hindustan Times  

New Delhi: The State Bank of India can't be selective in disclosing information linked to electoral bonds, the Supreme Court of India said on Monday, directing the bank to submit full details of the bonds' numbers to the Election Commission by March 21. The Supreme Court ordered the bank to disclose all "conceivable" electoral bond details in its possession, including …

Electoral Bonds Case: SBI must provide full details on electoral bonds without bias, as required by the court
9 months, 3 weeks ago

Electoral Bonds Case: SBI must provide full details on electoral bonds without bias, as required by the court

The Hindu  

The Supreme Court on Monday asked the State of Bank of India to be “candid and fair” and not selective while directing it to make a “complete disclosure” of electoral bonds’ data, including their unique hidden alphanumeric and serial numbers, to the Election Commission of India for publication. The court said the information on electoral bonds forwarded to the ECI …

SC Raps SBI Over Electoral Bonds Case, Asks It to Disclose All Information by March 21
9 months, 3 weeks ago

SC Raps SBI Over Electoral Bonds Case, Asks It to Disclose All Information by March 21

News 18  

The Supreme Court on Monday ruled that the State Bank of India should not be selective in disclosing the details while hearing matter over SBI not furnishing unique numbers of electoral bonds to the Election Commission. SBI can’t be selective and has to disclose all “conceivable” electoral bond details in its possession, including unique bond numbers that would disclose the …

Electoral bonds case: Should SBI disclose unique numbers? Supreme Court hearing today
9 months, 3 weeks ago

Electoral bonds case: Should SBI disclose unique numbers? Supreme Court hearing today

Hindustan Times  

A Constitution bench of the Supreme Court will hear the electoral bonds case on Monday and decide whether the State Bank of India should be directed to disclose the unique numbers of the bonds. All details have to be furnished by the SBI, Justice Chandrachud observed, as the court admonished the SBI for furnishing incomplete information, a day after the …

Electoral bonds case highlights: RJD, JD(U) trade charges over EB scheme
9 months, 3 weeks ago

Electoral bonds case highlights: RJD, JD(U) trade charges over EB scheme

Hindustan Times  

Electoral bonds case highlights: The Supreme Court on Monday heard a case regarding the State Bank of India disclosing the "unique serial numbers" of electoral bonds. Under the now-defunct 2018 Electoral Bond scheme, each bond is marked with a unique serial number, which could aid in monitoring their issuance and redemption and tracing them back to the purchaser. Expressing disapproval, …

Jairam Ramesh takes ‘black money’ dig at BJP over electoral bonds data
9 months, 3 weeks ago

Jairam Ramesh takes ‘black money’ dig at BJP over electoral bonds data

Hindustan Times  

Congress general secretary Jairam Ramesh on Sunday hit out at the central government over the electoral bonds and alleged that they have “conspired” to “route black money” into BJP's accounts through the scheme. According to the Congress leader, the electoral bonds scheme was the “biggest extortion racket” run by the ruling government. Congress general secretary Jairam Ramesh Ramesh's comments came …

SC pulls up SBI for not sharing serial numbers
9 months, 3 weeks ago

SC pulls up SBI for not sharing serial numbers

Deccan Chronicle  

NEW DELHI: A five-judge bench of the Supreme Court headed by Chief Justice of India D.Y. During the hearing, senior advocate Kapil Sibal said the apex court's verdict was quite clear — that the SBI shall furnish all the details of electoral bonds to the EC. The notice to the SBI came while the apex court was hearing an application …

Making sense of the electoral bonds data
9 months, 3 weeks ago

Making sense of the electoral bonds data

The Hindu  

In a latest development in the electoral bonds case, the Supreme Court on March 18 asked the State Bank of India to disclose “full details” related to the electoral bonds, including the alphanumeric number that would disclose the link between the buyer and the recipient political party. Among political parties, the Bharatiya Janata Party encashed electoral bonds worth ₹6,060.5 crore …

Electoral Bonds: Supreme Court Takes Exception to SBI 'Not Disclosing Unique Number'
9 months, 3 weeks ago

Electoral Bonds: Supreme Court Takes Exception to SBI 'Not Disclosing Unique Number'

News 18  

The Supreme Court on Friday took exception to State Bank of India not disclosing unique number of electoral bonds. In a landmark verdict delivered on February 15, a five-judge Constitution bench had scrapped the Centre’s electoral bonds scheme that allowed anonymous political funding, calling it “unconstitutional” and ordered disclosure by the EC of donors, the amount donated by them and …

Supreme Court Says State Bank Of India Has To Disclose Electoral Bond Numbers, Issues Notice To SBI
9 months, 3 weeks ago

Supreme Court Says State Bank Of India Has To Disclose Electoral Bond Numbers, Issues Notice To SBI

Live Law  

The Supreme Court on Friday categorically stated that the State Bank of India has to disclose electoral bonds numbers as well, in addition to the details it has already disclosed regarding the purchase and redemption of the bonds. The latest application comes on the heels of the apex court's recent directives to the State Bank of India and the ECI …

Election Commission uploads data on electoral bonds; check full list of donors
9 months, 3 weeks ago

Election Commission uploads data on electoral bonds; check full list of donors

Hindustan Times  

The Election Commission of India on Thursday uploaded the State Bank of India -provided data on the electoral bonds on its website, in compliance with the Supreme Court's directions. Election Commission uploads SBI-provided data on electoral bonds “In compliance of Hon'ble Supreme Court's directions, contained in its order dated Feb 15 and March 11, 2024, the State Bank of India …

Electoral Bonds Case: SBI files compliance affidavit in SC after sending electoral bonds details to EC
9 months, 4 weeks ago

Electoral Bonds Case: SBI files compliance affidavit in SC after sending electoral bonds details to EC

The Hindu  

The State Bank of India on March 13 informed the Supreme Court that details of electoral bonds anonymously purchased by contributors and encashed by political parties between April 2019 and February 15, 2024 were hand-delivered to the Election Commission of India in order to facilitate public disclosure of political funding. The SBI said a total of 22,217 electoral bonds were …

SBI sends electoral bonds details to Election Commission
9 months, 4 weeks ago

SBI sends electoral bonds details to Election Commission

The Hindu  

The State Bank of India sent details of electoral bonds to the Election Commission of India in compliance with the Supreme Court order on March 12. The Supreme Court, however, in a landmark verdict on February 15 scrapped the Centre’s electoral bonds scheme that allowed anonymous political funding, calling it “unconstitutional” and ordered disclosure by the EC of donors, the …

SBI Furnishes Electoral Bonds Details To ECI After Supreme Court Rebuke
9 months, 4 weeks ago

SBI Furnishes Electoral Bonds Details To ECI After Supreme Court Rebuke

Live Law  

In a significant development following the Supreme Court's rebuke, the State Bank of India has furnished electoral bonds details to the Election Commission of India in compliance with the court's directives. 880 of 2017), data on electoral bonds has been supplied by State Bank of India to Election Commission of India, today, March 12, 2024." This announcement comes on the …

SBI sends electoral bonds details to Election Commission
9 months, 4 weeks ago

SBI sends electoral bonds details to Election Commission

The Hindu  

A day after the Supreme Court directive, the State Bank of India on March 12 submitted to the Election Commission of India the details of electoral bonds purchased and encashed since April 12, 2019. “In compliance of the Hon’ble Supreme Court’s directions to the SBI, contained in its order dated Feb 15 and March 11, 2024, data on electoral bonds …

SBI submits details of electoral bonds to EC, poll panel acknowledges
9 months, 4 weeks ago

SBI submits details of electoral bonds to EC, poll panel acknowledges

Hindustan Times  

The State Bank of India on Tuesday submitted details of electoral bonds to Election Commission. This comes a day after the top court rejected the lender's plea seeking an extension of deadline to disclose details of electoral bonds. “In compliance of Hon’ble Supreme Court's directions to the SBI, contained in its order dated Feb 15 & March 11, 2024, data …

SBI ‘ready’ with electoral bond details as Supreme Court deadline ends today: Report
9 months, 4 weeks ago

SBI ‘ready’ with electoral bond details as Supreme Court deadline ends today: Report

Hindustan Times  

The State Bank of India or SBI is reportedly “ready” with details of electoral bonds that the Supreme Court on Monday had asked for to be disclosed to the Election Commission of India by the close of business hours on Tuesday, March 12. SBI reportedly said it is ready with the data on electoral bonds, Chastising the SBI, the Supreme …

Names and bonds: The Hindu Editorial on electoral bonds scheme, the Supreme Court, and the State Bank of India
9 months, 4 weeks ago

Names and bonds: The Hindu Editorial on electoral bonds scheme, the Supreme Court, and the State Bank of India

The Hindu  

The Supreme Court’s refusal to grant any further time to the State Bank of India to furnish details of those who purchased and parties that encashed electoral bonds since April 2019 has foiled an ill-advised attempt to seek postponement of the disclosure until after the general election. The upshot of the bank’s application for time until June 30 is that …

DC Edit | SC Acts Firm with SBI over Electoral Bonds
9 months, 4 weeks ago

DC Edit | SC Acts Firm with SBI over Electoral Bonds

Deccan Chronicle  

The futile attempts by India’s largest bank, the State Bank of India, to keep the details of the electoral bonds from public eye unmindful of an order of the Supreme Court of India are a sad reflection of how the powers that be make historic institutions opt for indefensible positions and in the process damage their own reputation. The order …

Electoral bonds case: Supreme Court gives SBI 1 day to furnish data
9 months, 4 weeks ago

Electoral bonds case: Supreme Court gives SBI 1 day to furnish data

Hindustan Times  

A five-judge Supreme Court bench on Monday dismissed an application by State Bank of India seeking time till June 30 to submit details of electoral bonds purchased since April 12, 2019, to the Election Commission of India, noting that the required information was “readily available” with the state-owned bank, and giving it time until the business hours of March 12 …

SBI data on electoral bonds can give crucial information: activists
9 months, 4 weeks ago

SBI data on electoral bonds can give crucial information: activists

The Hindu  

Even though the data on electoral bonds to be submitted by the State Bank of India to the Election Commission by Tuesday will not “match” donors and recipients, petitioners in the case as well as activists are suitably enthused. They feel that the data on who purchased a particular bond at what point of time can be collated with other …

CPI(M) demands immediate disclosure of details on electoral bonds; flays SBI for failing to comply with SC direction
9 months, 4 weeks ago

CPI(M) demands immediate disclosure of details on electoral bonds; flays SBI for failing to comply with SC direction

The Hindu  

As part of the nationwide agitations held at State Bank of India branches, the Communist Party of India demanded the immediate disclosure of information on electoral bonds as ordered by the Supreme Court, at protests organised at the SBI Main Branch at Old Jail Road junction and the SBI branch at Arilova, here on Monday. At the SBI Main Branch …

Electoral bonds case: SBI share price sees major dip after Supreme Court raps bank
9 months, 4 weeks ago

Electoral bonds case: SBI share price sees major dip after Supreme Court raps bank

Hindustan Times  

The Supreme Court on Monday rejected the State Bank of India's plea seeking an extension of the deadline to disclose the data linked to electoral bonds. SBI shares price takes a deep plunge after Supreme Court hearing SBI shares saw a dip of nearly 2 percent soon after the Supreme Court dismissed its plea and ordered the bank to present …

SC rejects SBI plea for time until Jun 30 to disclose details of electoral bonds
9 months, 4 weeks ago

SC rejects SBI plea for time until Jun 30 to disclose details of electoral bonds

Hindustan Times  

A five-judge Supreme Court bench on Monday dismissed an application by the State Bank of India seeking time until June 30 to submit details of electoral bonds purchased since April 12, 2019, to the Election Commission of India, noting that the required information is “readily available” with the state-owned bank, and giving SBI time until the business hours of March …

‘SBI on notice’: What Supreme Court said in electoral bonds ruling | Top quotes
9 months, 4 weeks ago

‘SBI on notice’: What Supreme Court said in electoral bonds ruling | Top quotes

Hindustan Times  

In a big setback for the State Bank of India, the Supreme Court dismissed its plea seeking an extension of deadline to disclose the electoral bonds' details. The five-judge Constitution bench, headed by Chief Justice of India DY Chandrachud and comprising justices Sanjiv Khanna, BR Gavai, JB Pardiwala, and Manoj Misra, instructed the SBI to provide details by March 12. …

Electoral bonds: SC rejects SBI's plea for time extension
9 months, 4 weeks ago

Electoral bonds: SC rejects SBI's plea for time extension

Deccan Chronicle  

A five-judge Constitution bench of the Supreme Court on Monday dismissed the State Bank of India's plea seeking extension of time and directed it to furnish the details of electoral bonds to the Election Commission by close of business hours on March 12.A bench headed by Chief Justice D Y Chandrachud also directed the EC to publish the details shared …

Electoral bonds: Supreme Court rejects SBI's plea, orders it to furnish details tomorrow
9 months, 4 weeks ago

Electoral bonds: Supreme Court rejects SBI's plea, orders it to furnish details tomorrow

Hindustan Times  

New Delhi: The Supreme Court on Monday rejected the State Bank of India's plea seeking more time to furnish the details of electoral bonds to the Election Commission and ordered the country's biggest bank to submit the same by the business hours of March 12, Tuesday. In a landmark verdict delivered on February 15, a five-judge Constitution bench scrapped the …

Electoral bonds: Supreme Court rejects SBI's plea, orders it to furnish details tomorrow
9 months, 4 weeks ago

Electoral bonds: Supreme Court rejects SBI's plea, orders it to furnish details tomorrow

Hindustan Times  

New Delhi: The Supreme Court on Monday rejected the State Bank of India's plea seeking more time to furnish the details of electoral bonds to the Election Commission and ordered the country's biggest bank to submit the same by the business hours of March 12, Tuesday. In a landmark verdict delivered on February 15, a five-judge Constitution bench scrapped the …

Electoral bonds: Supreme Court raps SBI, asks ‘what steps have you taken in last 26 days?’
9 months, 4 weeks ago

Electoral bonds: Supreme Court raps SBI, asks ‘what steps have you taken in last 26 days?’

Hindustan Times  

Electoral bonds case hearing: The Supreme Court on Monday pulled up the State Bank of India for not complying with its order and not disclosing electoral bond donor details to the Election Commission of India by March 6. The Supreme Court rejected the SBI's application seeking time till June 30 to disclose the details, giving it time till the business …

Electoral bonds: Supreme Court raps SBI, asks ‘what steps have you taken in last 26 days?’
9 months, 4 weeks ago

Electoral bonds: Supreme Court raps SBI, asks ‘what steps have you taken in last 26 days?’

Hindustan Times  

Electoral bonds case hearing: The Supreme Court on Monday pulled up the State Bank of India for not complying with its order and not disclosing electoral bond donor details to the Election Commission of India by March 6. The Supreme Court rejected the SBI's application seeking time till June 30 to disclose the details, giving it time till the business …

Electoral Bonds Case Live Updates : Supreme Court Hearing Of SBI's Time Extension Plea, Contempt Petitions Against SBI Chairman
9 months, 4 weeks ago

Electoral Bonds Case Live Updates : Supreme Court Hearing Of SBI's Time Extension Plea, Contempt Petitions Against SBI Chairman

Live Law  

The Supreme Court will hear today the application filed by the State Bank of India seeking an extension of time till June 30 to furnish information relating to the Electoral Bonds.As per the judgment delivered on February 15, the Bank had to furnish the information to the Election Commission of India by March 6. The Supreme Court will hear today …

Electoral Bonds Case Live Updates : Supreme Court Hearing Of SBI's Time Extension Plea, Contempt Petitions Against SBI Chairman
9 months, 4 weeks ago

Electoral Bonds Case Live Updates : Supreme Court Hearing Of SBI's Time Extension Plea, Contempt Petitions Against SBI Chairman

Live Law  

The Supreme Court will hear today the application filed by the State Bank of India seeking an extension of time till June 30 to furnish information relating to the Electoral Bonds.As per the judgment delivered on February 15, the Bank had to furnish the information to the Election Commission of India by March 6. The Supreme Court will hear today …

Electoral Bonds Case Live Updates : Supreme Court Hearing Of SBI's Time Extension Plea, Contempt Petitions Against SBI Chairman
9 months, 4 weeks ago

Electoral Bonds Case Live Updates : Supreme Court Hearing Of SBI's Time Extension Plea, Contempt Petitions Against SBI Chairman

Live Law  

The Supreme Court will hear today the application filed by the State Bank of India seeking an extension of time till June 30 to furnish information relating to the Electoral Bonds.As per the judgment delivered on February 15, the Bank had to furnish the information to the Election Commission of India by March 6. The Supreme Court will hear today …

Electoral Bonds Case Live Updates : Supreme Court Hearing Of SBI's Time Extension Plea, Contempt Petitions Against SBI Chairman
9 months, 4 weeks ago

Electoral Bonds Case Live Updates : Supreme Court Hearing Of SBI's Time Extension Plea, Contempt Petitions Against SBI Chairman

Live Law  

The Supreme Court will hear today the application filed by the State Bank of India seeking an extension of time till June 30 to furnish information relating to the Electoral Bonds.As per the judgment delivered on February 15, the Bank had to furnish the information to the Election Commission of India by March 6. The Supreme Court will hear today …

Electoral Bonds Case Live Updates : Supreme Court Hearing Of SBI's Time Extension Plea, Contempt Petitions Against SBI Chairman
9 months, 4 weeks ago

Electoral Bonds Case Live Updates : Supreme Court Hearing Of SBI's Time Extension Plea, Contempt Petitions Against SBI Chairman

Live Law  

The Supreme Court will hear today the application filed by the State Bank of India seeking an extension of time till June 30 to furnish information relating to the Electoral Bonds.As per the judgment delivered on February 15, the Bank had to furnish the information to the Election Commission of India by March 6. The Supreme Court will hear today …

Electoral Bonds Case Live Updates : Supreme Court Hearing Of SBI's Time Extension Plea, Contempt Petitions Against SBI Chairman
9 months, 4 weeks ago

Electoral Bonds Case Live Updates : Supreme Court Hearing Of SBI's Time Extension Plea, Contempt Petitions Against SBI Chairman

Live Law  

The Supreme Court will hear today the application filed by the State Bank of India seeking an extension of time till June 30 to furnish information relating to the Electoral Bonds.As per the judgment delivered on February 15, the Bank had to furnish the information to the Election Commission of India by March 6. The Supreme Court will hear today …

Electoral bonds: Key Supreme Court hearing today as SBI, NGO file petitions | 10 points
9 months, 4 weeks ago

Electoral bonds: Key Supreme Court hearing today as SBI, NGO file petitions | 10 points

Hindustan Times  

All eyes will be on the Supreme Court on Monday, March 11, as it will hear the application filed by the State Bank of India seeking an extension till June 30 to disclose details of each electoral bond encashed by political parties before the scheme was scrapped last month. A view of the Supreme Court of India A five-judge Constitution …

Supreme Court dismisses SBI's plea, directs to disclose details of electoral bonds by tomorrow
9 months, 4 weeks ago

Supreme Court dismisses SBI's plea, directs to disclose details of electoral bonds by tomorrow

India TV News  

Electoral bonds: The Supreme Court on Monday dismissed an application of the State Bank of India seeking an extension of time till June 30 to submit details of electoral bonds to the Election Commission of India. The bench was also hearing a separate plea by the Association of Democratic Reforms and Common Cause, which has sought initiation of contempt action …

Former bureaucrats ask EC not to announce Lok Sabha schedule pending electoral bonds disclosure by SBI
10 months ago

Former bureaucrats ask EC not to announce Lok Sabha schedule pending electoral bonds disclosure by SBI

The Hindu  

Days after the State Bank of India sought an extension from the Supreme Court to submit data on electoral bonds, a group of former civil servants on Saturday asked the Election Commission not to announce the schedule for Lok Sabha polls till the bank shares the information as mandated by the top court. The former bureaucrats, under the banner of …

INTERVIEW | “SBI’s request for extension is an eyewash”: Thomas Franco
10 months ago

INTERVIEW | “SBI’s request for extension is an eyewash”: Thomas Franco

The Hindu  

Ex-president of the All India State Bank Officers’ Federation says SBI’s request for extension in revealing contributors is made under pressure. However, three days before the deadline, the SBI appealed to the top court for a three-month extension until June 30, citing the complexity of decoding electoral bonds and matching donors. The court is scheduled to hear SBI’s appeal on …

Dubious response: On the State Bank of India and the Electoral Bond scheme
10 months ago

Dubious response: On the State Bank of India and the Electoral Bond scheme

The Hindu  

It has barely been three weeks since a five-judge Bench of the Supreme Court of India unanimously struck down the Electoral Bond scheme as unconstitutional for violating the right to information under Article 19 of the Constitution. The judgment also stipulated that the State Bank of India, the sole bank authorised to issue electoral bonds, had to immediately stop issuing …

Electoral bonds case | Five-judge Bench to hold special sitting on SBI plea for more time
10 months ago

Electoral bonds case | Five-judge Bench to hold special sitting on SBI plea for more time

The Hindu  

A special sitting by a five-judge Bench headed by Chief Justice of India D.Y. Chandrachud is scheduled on March 11 to hear an application filed by the State Bank of India seeking time till June 30 to share details of electoral bonds purchased anonymously and encashed by political parties since April 2019. A contempt petition filed by the Association for …

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