Electoral Bonds: SC declines pleas seeking SIT probe into alleged quid pro quo in electoral bond donations
4 months, 3 weeks ago

Electoral Bonds: SC declines pleas seeking SIT probe into alleged quid pro quo in electoral bond donations

Op India  

The Supreme Court on Friday declined a batch of petitions seeking a probe by a Special Investigation Team into the alleged instances of quid pro quo arrangements between corporates and political parties through Electoral Bonds donations. The top court also rejected the demand to direct the authorities to recover the donations received by political parties through Electoral Bonds and to re-open their income tax assessments. It added, “Issuing a direction of that nature at the present stage would amount to a conclusion on facts which would be inappropriate…” Advocate Prashant Bhushan appearing for one of the petitioners, told the bench that there was a ‘quid pro quo’ between many corporates, who purchased the bonds, and the political parties, who received the donations. Seeking SIT probe to be supervised by a retired Supreme Court judge, the petitioners said, “The investigation in this case would not only need to unravel the entire conspiracy in each instance, which would involve officers of the company, officials of the government and functionaries of political parties but also the officers concerned of agencies like the ED/IT and CBI etc., who appear to have become part of this conspiracy.” The plea alleged that data that was disclosed to the public after the top court struck down the anonymous Electoral Bonds scheme showed that the bulk of the bonds appear to have been given as quid pro quo arrangements by corporates to political parties either to secure government contracts or licenses, or to secure protection from investigations by CBI, Income Tax Department, Enforcement Directorate, or as consideration of favourable policy changes.

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History of this topic

SC turns down plea for SIT probe into electoral bonds scheme
4 months, 3 weeks ago

SC turns down plea for SIT probe into electoral bonds scheme

Hindustan Times  

The Supreme Court on Friday dismissed a clutch of petitions seeking a special investigation team probe under judicial supervision into an alleged scam involving political financing through electoral bonds, noting that the claims were based on assumptions and had not yet undergone the normal legal process. SC turns down plea for SIT probe into electoral bonds scheme While the petitioners …

SC dismisses pleas seeking SIT probe into electoral bonds scheme
4 months, 3 weeks ago

SC dismisses pleas seeking SIT probe into electoral bonds scheme

Live Mint  

The Supreme Court dismissed a batch of pleas seeking a probe by a court-monitored Special Investigation Team into the electoral bonds scheme. The electoral bonds scheme, launched by the Narendra Modi government in 2018, was struck down by the Supreme Court in February this year. The Supreme Court said it cannot order a roving inquiry into purchase of electoral bonds …

Electoral bonds: SC to hear plea seeking SIT probe
5 months ago

Electoral bonds: SC to hear plea seeking SIT probe

The Hindu  

Chief Justice of India D.Y. Chandrachud on July 19, 2024, said a petition seeking the constitution of a Special Investigation Team to probe each and every instance of quid pro quo, corruption, and kickbacks revealed through the disclosure of details of the electoral bonds would be listed for hearing on July 22. The petition submitted that some of the country’s …

Supreme Court to hear plea to set up panel to probe into electoral bonds on July 22
5 months ago

Supreme Court to hear plea to set up panel to probe into electoral bonds on July 22

India Today  

The Supreme Court will be hearing a batch of pleas seeking a probe by a Special Investigation Team under judicial supervision into the alleged scam in the electoral bonds scheme, which was earlier scrapped by the Supreme Court on February 15. While citing several media reports, the petition asserted that the published information indicates that the majority of the bonds …

SC to Review PIL Seeking Probe into Electoral Bonds Scheme
5 months, 1 week ago

SC to Review PIL Seeking Probe into Electoral Bonds Scheme

Deccan Chronicle  

New Delhi: The Supreme Court on Friday agreed to consider listing a public interest litigation that urged a court-monitored investigation into the electoral bonds scheme. The PIL, filed by NGOs Common Cause and the Centre for Public Interest Litigation, alleges an "apparent quid pro quo" between political parties, corporations, and investigative agencies. A five-judge Constitution bench had on February 15 …

Supreme Court assures listing of plea for SIT probe into electoral bonds data
7 months, 1 week ago

Supreme Court assures listing of plea for SIT probe into electoral bonds data

The Hindu  

The Supreme Court on May 14 assured advocate Prashant Bhushan that a petition to constitute a Special Investigation Team to investigate each instance of quid pro quo, corruption and kickbacks revealed through the disclosure of details of the electoral bonds will be listed soon for hearing. The petition filed by Common Cause and the Centre for Public Interest Litigation, represented …

SIT probe into electoral bonds ’scam’: Plea in SC seeks court-monitored investigation
8 months ago

SIT probe into electoral bonds ’scam’: Plea in SC seeks court-monitored investigation

Live Mint  

A petition has been filed in the Supreme Court demanding a court-monitored Special Investigation Team probe into the suspected scam involving political financing through electoral bonds, LiveLaw reported. In the petition, Common Cause, an NGO cited news reports regarding electoral bonds purchased by certain companies such as Megha Engineering and Infrastructures Ltd, APCO Infratech Private Limited, Future Gaming and Hotel …

Electoral bonds will be back after consultations: Finance Minister Nirmala Sitharaman
8 months ago

Electoral bonds will be back after consultations: Finance Minister Nirmala Sitharaman

Hindustan Times  

The Bharatiya Janata Party intends to bring back electoral bonds in some form after wide consultations will all stakeholders if it is elected back to power in the 2024 general elections, Union finance minister Nirmala Sitharaman said on Friday, reposing her faith in the controversial political funding scheme that was scrapped by the Supreme Court in February but admitting that …

Electoral Bonds Biggest Extortion Scam, Alleges Rahul Gandhi
8 months, 1 week ago

Electoral Bonds Biggest Extortion Scam, Alleges Rahul Gandhi

Deccan Chronicle  

Bengaluru: Congress leader Rahul Gandhi on Wednesday termed the electoral bonds as a “biggest extortion scam” where donations were collected by way of threats and money has been allegedly looted by the Bharatiya Janata Party holding reins at the Centre. “Usually, petty goons engage in issuing threats and loot money and in ordinary language, it is called as an extortion,” …

PM Modi details 'Vision 2047', hits back at Opposition on ED raids, Electoral bonds issue | DETAILS
8 months, 1 week ago

PM Modi details 'Vision 2047', hits back at Opposition on ED raids, Electoral bonds issue | DETAILS

India TV News  

PM Modi interview: Prime Minister Narendra Modi has said that he has "big plans" for the country upon his return to the office after the Lok Sabha elections 2024, and assured that nobody needs to be "scared" of his decisions. PM Modi on 'One Nation, One Election' PM Modi reiterated his government's commitment to 'One Nation, One Election' idea, as …

Plea in SC seeks review of verdict scrapping electoral bonds scheme
8 months, 1 week ago

Plea in SC seeks review of verdict scrapping electoral bonds scheme

New Indian Express  

NEW DELHI: A plea has been filed in the Supreme Court seeking review of its February 15 verdict, which had scrapped the Modi government's electoral bonds scheme of anonymous political funding. The review plea filed by advocate Mathews J.Nedumpara submitted that this Court entertained the petition and struck down the law and the scheme without noticing that in doing so …

‘He fully lied to nation’: Congress reacts to PM Modi's statement on electoral bonds
8 months, 3 weeks 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 …

DC Edit | Only probe can establish facts of murky poll bond sales
8 months, 3 weeks ago

DC Edit | Only probe can establish facts of murky poll bond sales

Deccan Chronicle  

The Supreme Court of India struck down the electoral bond scheme finding it violative of the citizen’s fundamental right to information under Article 19 of the Constitution. The information that has reached the public domain after the State Bank of India, which executed the scheme, handed it over to the Election Commission of India on the orders of the court …

'Breach of trust': Ex-finance secretary on SBI's electoral bonds move
8 months, 4 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 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 …

Activists seek SC-monitored probe into electoral bonds
9 months ago

Activists seek SC-monitored probe into electoral bonds

The Hindu  

A day after the entire data on electoral bonds were made public, activists and petitioners said on Friday that an independent Special Investigation Team should be formed to probe all aspects of the now-scrapped scheme. Claiming that electoral bonds had emerged as the biggest scam of Independent India, lawyer Prashant Bhushan said at a press conference: “There were no money …

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

Electoral Bonds: SC Judgment Landed Like a Clap of Thunder From a Clear Blue Sky
9 months ago

Electoral Bonds: SC Judgment Landed Like a Clap of Thunder From a Clear Blue Sky

The Quint  

Just as remarkable as the court’s reasoning and its judgment in the case, is what the court did in not just the judgment itself but also the actions it took to enforce its judgment. This becomes all the more important in the context of the ADR case as I will discuss, and one which does not get enough credit I …

SC order on electoral bonds disclosure does not cover full details from March 2018
9 months ago

SC order on electoral bonds disclosure does not cover full details from March 2018

The Hindu  

The Supreme Court on March 18 directed full disclosure of electoral bonds purchased after April 2019, but information about a chunk of poll bonds bought and encashed during the first year of the anonymous political funding scheme will continue to remain hidden from the public eye. This would mean that full information on who bought how many electoral bonds to …

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

Pradhan Mantri Hafta Vasuli Yojana | Congress' swipe at government over electoral bonds issue
9 months ago

Pradhan Mantri Hafta Vasuli Yojana | Congress' swipe at government over electoral bonds issue

The Hindu  

Stepping up its attack on the Centre over the electoral bonds issue, the Congress on March 18 accused the Modi government of "hafta vasuli" and claimed that 21 firms facing investigations from the CBI, Enforcement Directorate or I-T have donated through electoral bonds. Supreme Court directs SBI to disclose all electoral bonds details by March 21 “On November 10, 2022, …

Electoral Bonds: Supreme Court rebukes SBI, says don't be ‘selective’
9 months 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 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 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 highlights: RJD, JD(U) trade charges over EB scheme
9 months 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, …

Electoral Bonds Case : Live Updates From Supreme Court Hearing On Whether SBI Should Disclose Bond Numbers
9 months ago

Electoral Bonds Case : Live Updates From Supreme Court Hearing On Whether SBI Should Disclose Bond Numbers

Live Law  

A Constitution Bench of the Supreme Court will hear the Electoral Bonds Case today at 10.30 AM.The bench comprising Chief Justice of India DY Chandrachud, Justices Sanjiv Khanna, BR Gavai, JB Pardiwala and Manoj Misra will decide whether the State Bank of India should be directed to disclose the unique numbers of the Electoral Bonds. A Constitution Bench of the …

Electoral Bonds Case : Live Updates From Supreme Court Hearing On Whether SBI Should Disclose Bond Numbers
9 months ago

Electoral Bonds Case : Live Updates From Supreme Court Hearing On Whether SBI Should Disclose Bond Numbers

Live Law  

A Constitution Bench of the Supreme Court will hear the Electoral Bonds Case today at 10.30 AM.The bench comprising Chief Justice of India DY Chandrachud, Justices Sanjiv Khanna, BR Gavai, JB Pardiwala and Manoj Misra will decide whether the State Bank of India should be directed to disclose the unique numbers of the Electoral Bonds. A Constitution Bench of the …

Electoral Bonds Case : Live Updates From Supreme Court Hearing On Whether SBI Should Disclose Bond Numbers
9 months ago

Electoral Bonds Case : Live Updates From Supreme Court Hearing On Whether SBI Should Disclose Bond Numbers

Live Law  

A Constitution Bench of the Supreme Court will hear the Electoral Bonds Case today at 10.30 AM.The bench comprising Chief Justice of India DY Chandrachud, Justices Sanjiv Khanna, BR Gavai, JB Pardiwala and Manoj Misra will decide whether the State Bank of India should be directed to disclose the unique numbers of the Electoral Bonds. A Constitution Bench of the …

Electoral Bonds Case : Live Updates From Supreme Court Hearing On Whether SBI Should Disclose Bond Numbers
9 months ago

Electoral Bonds Case : Live Updates From Supreme Court Hearing On Whether SBI Should Disclose Bond Numbers

Live Law  

A Constitution Bench of the Supreme Court will hear the Electoral Bonds Case today at 10.30 AM.The bench comprising Chief Justice of India DY Chandrachud, Justices Sanjiv Khanna, BR Gavai, JB Pardiwala and Manoj Misra will decide whether the State Bank of India should be directed to disclose the unique numbers of the Electoral Bonds. A Constitution Bench of the …

Bonded favours: The Hindu Editorial on the electoral bond scheme, sordid revelations
9 months ago

Bonded favours: The Hindu Editorial on the electoral bond scheme, sordid revelations

The Hindu  

Sordid revelations that keep pouring from the disclosure of details about the purchasers and recipients of electoral bonds confirm the early apprehension of sceptics that the anonymous political funding scheme will have undesirable consequences. Ranging from likely quid pro quo deals to flagrant proximity between companies being investigated by central agencies and the purchase of electoral bonds worth hundreds of …

'voters Entitled To Know Who Funds Political Parties': Fresh Plea In SC Seeks Full Details From SBI
9 months, 1 week ago

'voters Entitled To Know Who Funds Political Parties': Fresh Plea In SC Seeks Full Details From SBI

ABP News  

New Delhi: A petition has been filed in the Supreme Court urging for the disclosure of details regarding electoral bonds sold between March 1, 2018, and April 11, 2019. The Supreme Court had recently deemed the Centre's electoral bonds scheme "unconstitutional" and directed the State Bank of India, the authorized financial institution, to provide details of bonds purchased from April …

Direct SBI & ECI To Disclose Details Of Electoral Bonds Worth Rs 4K Crores Sold Before April 2019 : Plea In Supreme Court
9 months, 1 week ago

Direct SBI & ECI To Disclose Details Of Electoral Bonds Worth Rs 4K Crores Sold Before April 2019 : Plea In Supreme Court

Live Law  

An application has been filed in the Supreme Court seeking a direction to disclose the details of the electoral bonds which were sold between March 1, 2018 to April 11, 2019.Presently, the Supreme Court has directed the disclosure of the electoral bonds sold between the period April 12, 2019, till February 15, 2024.The applicant "Citizens for Rights Trust" submitted that …

‘Answer maadi Modi’: Karnataka CM targets PM on Electoral Bonds during latter's poll campaign in Kalaburagi
9 months, 1 week ago

‘Answer maadi Modi’: Karnataka CM targets PM on Electoral Bonds during latter's poll campaign in Kalaburagi

Hindustan Times  

As Prime Minister Narendra Modi is kickstarting his general election campaign from Karnataka’s Kalaburagi on Saturday, CM Siddaramaiah attacked the former and asked him why his party is silent about the ‘electoral bond scam.’ ‘Answer maadi Modi’: Karnataka CM targets PM on Electoral Bonds during his visit In a series of X posts, Siddaramaiah said, “For a decade, you held …

Rahul Gandhi calls electoral bonds an extortion racket by PM Modi
9 months, 1 week ago

Rahul Gandhi calls electoral bonds an extortion racket by PM Modi

Hindustan Times  

Electoral bonds are a means to extort money from corporate behemoths using pressure by the Central Bureau of Investigation, Enforcement Directorate, and income tax department, said senior Congress leader Rahul Gandhi on Friday, in a fierce attack on Prime Minister Narendra Modi. It is a way of intimidating corporates and forcing them to give money to the BJP against allotment …

SC pulls up SBI for not sharing serial numbers
9 months, 1 week 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 …

Electoral bonds scheme was world’s biggest extortion racket run by PM Modi: Rahul Gandhi
9 months, 1 week ago

Electoral bonds scheme was world’s biggest extortion racket run by PM Modi: Rahul Gandhi

The Hindu  

In a blistering attack on Prime Minister Narendra Modi over the electoral bonds scheme, Congress leader Rahul Gandhi on Friday accused Mr. Modi of “running the world’s largest extortion racket”. Electoral bonds | Congress demands SC-monitored probe into donations to BJP by companies raided by I-T department and ED Congress president Mallikarjun Kharge demanded a Supreme Court-monitored inquiry, while the …

Electoral Bonds: Supreme Court Takes Exception to SBI 'Not Disclosing Unique Number'
9 months, 1 week 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 …

Election Commission urges Supreme Court to modify electoral bonds order | DETAILS
9 months, 1 week ago

Election Commission urges Supreme Court to modify electoral bonds order | DETAILS

India TV News  

The Supreme Court is set to hear an application filed by the Election Commission, seeking adjustments to the operational section of its March 11 ruling in the electoral bonds case. SC's direction to SBI on electoral bonds In the electoral bonds case, the apex court had on March 11 directed the State Bank of India to disclose the details of …

Electoral bonds case: 5 things SBI said in its compliance affidavit to Supreme Court
9 months, 1 week ago

Electoral bonds case: 5 things SBI said in its compliance affidavit to Supreme Court

Hindustan Times  

The State Bank of India on Tuesday had shared all details of electoral bonds with the Election Commission, which is set to publish them anytime before March 15, i.e Friday. On Wednesday, India's biggest public lender submitted a compliance affidavit before the apex court, sharing details of the bonds purchased and redeemed between April 1, 2019 and February 15 this …

Electoral Bonds Case: SBI files compliance affidavit in SC after sending electoral bonds details to EC
9 months, 1 week 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 …

Follow SC for reforms in electoral funding
9 months, 1 week ago

Follow SC for reforms in electoral funding

Hindustan Times  

The Supreme Court did well to reject the plea of the State Bank of India for an extension on the disclosure of details about electoral bonds and direct the State-owned bank to furnish these before the Election Commission of India by the end of business hours on Tuesday, March 12. On February 15, the SC scrapped the electoral bonds scheme …

SBI Furnishes Electoral Bonds Details To ECI After Supreme Court Rebuke
9 months, 1 week 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, 1 week 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, 1 week 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 …

Names and bonds: The Hindu Editorial on electoral bonds scheme, the Supreme Court, and the State Bank of India
9 months, 1 week 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 …

Electoral bonds case: Supreme Court gives SBI 1 day to furnish data
9 months, 1 week 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, 1 week 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 …

Electoral bonds case: SBI share price sees major dip after Supreme Court raps bank
9 months, 1 week 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 …

‘SBI on notice’: What Supreme Court said in electoral bonds ruling | Top quotes
9 months, 1 week 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. …

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