Electoral Bonds Worth Rs 1,056 Cr Bought in 2018,1% Not Encashed
6 years ago

Electoral Bonds Worth Rs 1,056 Cr Bought in 2018,1% Not Encashed

The Quint  

As per the data shared by SBI, close to 80 percent of the bonds by value were encashed in Delhi. Of the ₹1056 crores bonds purchased in 2018, ₹820 crores were encashed in Delhi followed by ₹95 crores in Hyderabad and ₹69 crores in Bhubaneshwar. Though most bonds were purchased in Mumbai, only ₹10 crores were encashed there, which is less than 1 percent of the total purchase value. Not a single bond was encashed in Chennai, Gandhinagar, Guwahati, Chandigarh, Jaipur & Raipur where multiple electoral bonds were purchased. In terms of value, 78.5 percent of the bonds were encashed in Delhi while around 9.1 percent were encashed in Hyderabad followed by 6.6 percent in Bhubaneshwar and 4.7 percent in Kolkata.

Delhi Crores Bonds Electoral Bonds Encashed  purchased  bonds  1056  20181  cr  worth  bought  hyderabad  encashed  crores  value  parties  kolkata  rs  delhi  electoral

History of this topic

India bond yields may inch higher ahead of over $4 bln state debt sale
4 months, 2 weeks ago

India bond yields may inch higher ahead of over $4 bln state debt sale

Hindustan Times  

By Dharamraj Dhutia India bond yields may inch higher ahead of over $4 bln state debt sale MUMBAI, - Indian government bond yields may open a tad higher on Tuesday, as traders brace for higher-than-expected supply from states later in the day, while U.S. Treasury yields remained largely unchanged. "With global factors going quite, focus will once again shift to …

Electoral Bonds Case: Company electoral bonds purchases exceed 7.5% cap by ₹1,377.9 crore in 2022-24 | Data
9 months, 1 week ago

Electoral Bonds Case: Company electoral bonds purchases exceed 7.5% cap by ₹1,377.9 crore in 2022-24 | Data

The Hindu  

The Supreme Court’s February 15 verdict on electoral bonds had held the deletion of a provision contained in Section 182 of the Companies Act, 2013, which enabled unlimited corporate contributions to political parties as “violative of Article 14 of the Indian constitution”. Based on an analysis, the electoral bond data relating to 385 companies that had donated bonds totalling ₹5,362.2 …

Electoral Bonds: 33 loss-making firms donated electoral bonds worth ₹582 crore, 75% went to BJP | Data
9 months, 1 week ago

Electoral Bonds: 33 loss-making firms donated electoral bonds worth ₹582 crore, 75% went to BJP | Data

The Hindu  

The sources of funds of at least 45 companies that donated electoral bonds to various political parties are found to be suspect based on a joint analysis by The Hindu and an independent research team. Electoral bonds data | Many pharma companies that bought electoral bonds faced regulatory actions Six companies donated a total of ₹646 crore, out of which …

Electoral bonds linked to project clearances by BRS government in Telangana
9 months, 3 weeks ago

Electoral bonds linked to project clearances by BRS government in Telangana

The Hindu  

The purchase of electoral bonds and subsequent encashment by the then ruling party in Telangana, the Bharat Rashtra Samithi, seemed to be closely linked to the award of contracts and opening of new units by donor companies, if the report submitted to the Election Commission is to be believed. Recipients of the bonds bought by pharma major Dr. Reddy’s Laboratories …

Electoral bonds are ‘post-raid’ bribes to BJP-led government: Jairam Ramesh
9 months, 3 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 …

Electoral Bonds data | Firms from Telangana, A.P. loosened purse strings for multiple political parties
9 months, 3 weeks ago

Electoral Bonds data | Firms from Telangana, A.P. loosened purse strings for multiple political parties

The Hindu  

From pharmaceutical drugmakers, healthcare providers, infrastructure as well as realty developers to those in educational services, several companies across industries in Telangana and Andhra Pradesh had purchased electoral bonds that were encashed by different political parties. Infrastructure developer Megha Group, through several group firms, which at ₹1,186 crore had emerged as the largest purchaser of electoral bonds from the region, …

Electoral bonds: Who were big donors for ruling BJP? | Check complete data HERE
9 months, 3 weeks ago

Electoral bonds: Who were big donors for ruling BJP? | Check complete data HERE

India TV News  

Electoral bonds: The Election Commission of India on Thursday published the complete electoral bond data submitted by the State Bank of India on the orders of the Supreme Court. The Bharatiya Janata Party, the biggest beneficiary of electoral bonds with donations worth over Rs 6,000 crore in the last four years of the scheme, got funds from several corporates and …

Electoral bonds full data | Companies under ED, I-T scanner donated poll bonds to BJP, BRS, Congress
9 months, 3 weeks ago

Electoral bonds full data | Companies under ED, I-T scanner donated poll bonds to BJP, BRS, Congress

The Hindu  

Many companies that faced regulatory action in the past five years have all donated electoral bonds to the Bharatiya Janata Party in some measure, data released by the Election Commission to comply with the orders of the Supreme Court show. Micro Labs purchased electoral bonds worth ₹16 crore in all, of which ₹7 crore went to the Sikkim Krantikari Morcha, …

Electoral Bond full data | Future Gaming gave ₹542 crore to TMC, MEIL ₹548 crore to BJP
9 months, 3 weeks ago

Electoral Bond full data | Future Gaming gave ₹542 crore to TMC, MEIL ₹548 crore to BJP

The Hindu  

Hyderabad-based Megha Engineering and Infrastructures, Ltd. donated ₹584 crore to the BJP – the most by a donor for any single party. Its subsidiary Western UP Power Transmission Company, Ltd. donated ₹110 crore to the Indian National Congress, followed by ₹80 crore to the BJP, data released by the Election Commission on Thursday revealed. Lottery magnate Santiago Martin’s Future Gaming …

Rs 8,251 Cr Worth Electoral Bonds Were Encashed by BJP, Says SBI
9 months, 3 weeks ago

Rs 8,251 Cr Worth Electoral Bonds Were Encashed by BJP, Says SBI

Deccan Chronicle  

New Delhi: The Election Commission of India on Thursday released the last tranche of data supplied by the State Bank of India pertaining to the electoral bonds. The BJP, encashed the highest number of bonds worth of Rs 8,251.8 crore – close to 50 per cent of the total Rs 16,518 crore. Hyderabad-based Megha Engineering and Infrastructure Limited the second …

Electoral Bonds: Many pharma companies that bought electoral bonds faced regulatory actions
9 months, 3 weeks ago

Electoral Bonds: Many pharma companies that bought electoral bonds faced regulatory actions

The Hindu  

March 19, 2024 07:21 pm | Updated March 20, 2024 03:19 pm IST On March 15, The Hindu reported that many top purchasers of electoral bonds had also been under the Enforcement Directorate’s or the Income Tax Department’s scanner at some point in the last five years. Complete coverage | Making sense of the electoral bonds data Pharma companies Hetero …

Mother of Democracy? Electoral Bonds are the Annihilation of Democratic Values
9 months, 3 weeks ago

Mother of Democracy? Electoral Bonds are the Annihilation of Democratic Values

The Quint  

Fresh data on the purchase patterns of electoral bonds emerged over the weekend. According to an investigation by The Quint, “The new figures revealed that the Bharatiya Janata Party received Rs 2,658.35 crore in electoral bonds between 9 March 2018 and 11 April 2019. The Congress party received Rs 530.1 crore, Trinamool Congress got Rs 97.28 crore, and the Biju …

Election commission data shows 15 prominent corporate figures bought electoral bonds: Report
9 months, 3 weeks ago

Election commission data shows 15 prominent corporate figures bought electoral bonds: Report

Hindustan Times  

The Election Commission of India's disclosure of electoral bonds data indicates that a total of 333 individuals bought bonds amounting to ₹358.91 crore between April 2019 and January 2024, The Indian Express reported. The Election Commission released data received from political parties on electoral bonds, which it had given to the Supreme Court in sealed covers. Here is the list …

Electoral bonds: A key poll plank for anti-BJP forces
9 months, 4 weeks ago

Electoral bonds: A key poll plank for anti-BJP forces

Hindustan Times  

The disclosure about the Bharatiya Janata Party’s earnings from electoral bonds is expected to fuel the opposition’s narrative against the ruling party and will be a key bone of contention in the upcoming Lok Sabha elections, scheduled to begin from April 19. Following the disclosures, BJP spokesperson RP Singh said, of the ₹20,000 crore-odd electoral bonds, only ₹6,000 crore has …

Electoral bonds: Election commission releases data. Which party received how much? 10 points
9 months, 4 weeks ago

Electoral bonds: Election commission releases data. Which party received how much? 10 points

Hindustan Times  

The Election Commission of India on Sunday released data received from political parties on electoral bonds, which it had given to the Supreme Court in sealed covers, following a directive from the apex court to make it available to the public. The Election Commission of India made data received from political parties on electoral bonds public on Sunday. The election …

Biggest purchaser of Electoral bonds is a Lottery firm, EC reveals in fresh details
9 months, 4 weeks ago

Biggest purchaser of Electoral bonds is a Lottery firm, EC reveals in fresh details

Firstpost  

Providing details after April 12, 2019, the EC’s report revealed that the Bharatiya Janata Party emerged as the largest beneficiary of the electoral bonds scheme, receiving Rs 6,061 crore in political donations over the last five years The Election Commission of India has disclosed additional details regarding electoral bonds, including the amount redeemed per political party on March 17. Political …

Jairam Ramesh takes ‘black money’ dig at BJP over electoral bonds data
9 months, 4 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 …

Biggest loot in Indian history under the garb of electoral bonds: M. M. Hassan
9 months, 4 weeks ago

Biggest loot in Indian history under the garb of electoral bonds: M. M. Hassan

The Hindu  

Prime Minister Narendra Modi’s claim of being untainted by corruption has fallen apart with the publication of partial data of electoral bond purchase, Kerala Pradesh Congress Committee acting president M.M. The biggest loot in Indian history has been carried out under the garb of electoral bonds. Ramesh, which purchased electoral bonds worth ₹45 crore in two tranches soon after it …

Election Commission makes public new electoral bonds data
9 months, 4 weeks ago

Election Commission makes public new electoral bonds data

Hindustan Times  

The Election Commission released new data regarding electoral bonds purchased by individuals and redeemed by political parties on its website on Sunday. The Election Commission had previously submitted data on electoral bonds purchased in a sealed cover to the Supreme Court on April 12, 2019. Key takeaways from ECI electoral bonds data • The Bharatiya Janata Party encashed electoral bonds …

Amit Shah reacts to Supreme Court's electoral bonds verdict: ‘Fully respect order but…’
9 months, 4 weeks ago

Amit Shah reacts to Supreme Court's electoral bonds verdict: ‘Fully respect order but…’

Hindustan Times  

Union home minister Amit Shah on Friday reacted to the Supreme Court's verdict on electoral bonds, saying that the scheme was an initiative to end the domination of black money in Indian politics. In a landmark verdict delivered on February 15, a five-judge Constitution bench scrapped the Centre's electoral bonds scheme that allowed anonymous political funding, calling it "unconstitutional". Out …

Electoral bonds: Congress seeks SC-monitored probe into donations to BJP by firms raided by I-T, ED
9 months, 4 weeks ago

Electoral bonds: Congress seeks SC-monitored probe into donations to BJP by firms raided by I-T, ED

The Hindu  

All India Congress Committee president Mallikarjun Kharge on Friday demanded a Supreme Court-monitored special investigation into the electoral bonds scheme through which the ruling BJP has encashed ₹6,065 crore over five years and said the bank accounts of the BJP must be frozen till the completion of the probe. Mr. Kharge said that several companies purchased electoral bonds soon after …

Congress whines about electoral bonds without ever stopping receiving them
9 months, 4 weeks ago

Congress whines about electoral bonds without ever stopping receiving them

Op India  

On Thursday, the Election Commission of India published the raw data of the Electoral Bonds they had received from the SBI, giving a fresh lease of life to conspiracy theorists who have long been accusing the Centre of corruption without offering any evidence, with the hopes of pinning them down in the upcoming Lok Sabha elections. A raft of propagandists …

Making sense of the electoral bonds data
10 months 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 LIVE highlights: BJP redeemed bonds worth ₹6061 cr followed by TMC
10 months ago

Electoral bonds LIVE highlights: BJP redeemed bonds worth ₹6061 cr followed by TMC

Hindustan Times  

Electoral bonds LIVE highlights: The State Bank of India provided the Election Commission with electoral bond details on Tuesday, following the Supreme Court's dismissal of the bank's request for an extended deadline to disclose such information. Electoral bonds LIVE updates: The Election Commission of India complied with the Supreme Court's directives on Thursday by uploading the electoral bonds data provided …

What does Electoral Bond data published by the ECI tell us?
10 months ago

What does Electoral Bond data published by the ECI tell us?

Hindustan Times  

In the electoral bonds data released yesterday, the only identifier on the donor side is the name of the company or individual. In the data released, there are 1,260 companies and individuals that purchased electoral bonds worth ₹12,769 crore. The top 20, all companies, accounted for ₹5,945 crore—or nearly half of the total amount donated through electoral bonds. Companies with …

Future Gaming and Hotel Services purchased Rs 1,368 crores worth electoral bonds, most among firms
10 months ago

Future Gaming and Hotel Services purchased Rs 1,368 crores worth electoral bonds, most among firms

The Hindu  

Future Gaming and Hotel Services PR whose managing director is the well known lottery magnate Santiago Martin, is the largest donor to political parties for the period April 12, 2019 to January 24, 2024, the electoral bonds data released by the Election Commission, on receipt from the State Bank of India, revealed. The table shows the donors who purchased Electoral …

Electoral bonds data: BJP received Rs 6,060 crore, highest among all parties
10 months ago

Electoral bonds data: BJP received Rs 6,060 crore, highest among all parties

The Hindu  

March 14, 2024 10:18 pm | Updated March 21, 2024 09:02 pm IST The Bharatiya Janata Party encashed electoral bonds worth ₹6060.5 crore — the highest among all parties — between April 12, 2019 and January 24, 2024. The All India Trinamool Congress received ₹1,609.50 crore via this route followed by the Congress ₹1,421.9 crore, the second and third biggest …

SBI sends electoral bonds details to Election Commission
10 months 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 …

Making sense of electoral bond judgment through data
10 months, 3 weeks ago

Making sense of electoral bond judgment through data

The Hindu  

Last week, the Supreme Court ruled the electoral bonds Scheme unconstitutional, saying that the anonymous influx of funding to political parties, especially from corporations, hinders democratic legitimacy. In Justice Sanjiv Khanna’s opinion, “access to information which can materially shape the citizens’ choice is necessary for them to have a say in how their lives are affected.” This meant Solicitor General …

Since 2018, BJP got 54.8% of electoral bonds encashed: Data
10 months, 4 weeks ago

Since 2018, BJP got 54.8% of electoral bonds encashed: Data

Hindustan Times  

In 25 phases between March 2018 and March 2023, electoral bonds worth ₹11,984.91 crore were encashed with the Bharatiya Janata Party receiving 54.8%, or ₹6,566.12 crore, according to data furnished by political parties to the Election Commission of India and phase-wise data collated by the Association for Democratic Reforms. Of this, 219 bonds worth nearly ₹26 crore have not been …

SC's electoral bonds scheme verdict: How BJP stands to lose the most?
10 months, 4 weeks ago

SC's electoral bonds scheme verdict: How BJP stands to lose the most?

Hindustan Times  

The Supreme Court, in a landmark judgment on Thursday, delivered a big setback to the Bharatiya Janata Party-led government and annulled the electoral bonds scheme for political funding, saying it violates the Constitutional right to freedom of speech and expression as well as the right to information. All political parties put together received over ₹12,000 crore till last fiscal since …

'What did BJP sell for ₹5200 crore': Congress after SC ruling on electoral bond
11 months ago

'What did BJP sell for ₹5200 crore': Congress after SC ruling on electoral bond

Hindustan Times  

The Congress party on Thursday trained guns on the ruling Bharatiya Janata Party after the Supreme Court struck down a scheme that allowed anonymous political donations in the form of electoral bonds. “We want to know what has BJP sold in exchange for the ₹5200 crore it received in the form of 'electoral bonds'?” Pawan Khera, Congress's media and publicity …

What are electoral bonds? Did they give BJP an unfair advantage?
11 months ago

What are electoral bonds? Did they give BJP an unfair advantage?

Hindustan Times  

Electoral bonds, the scheme introduced by the NDA government in 2018 allowing anonymous funding to political parties, was struck down by the Supreme Court on Thursday. According to the provisions of the scheme, only the political parties registered under Section 29A of the Representation of the People Act, 1951 and which secured not less than 1 per cent of the …

Electoral bonds worth over ₹571.8 cr sold between Jan 2 and 11: SBI in RTI reply
11 months, 1 week ago

Electoral bonds worth over ₹571.8 cr sold between Jan 2 and 11: SBI in RTI reply

Hindustan Times  

A total of 897 electoral bonds worth ₹571.8 crore were sold between January 2 and 11, with Kolkata having the highest share of 32.17% worth ₹183.95 crore, the State Bank of India said in a response to a right to information request by commodore Lokesh Batra. A total of 1,109 electoral bonds worth ₹1,006.03 crore were sold between in the …

SBI’s RTI reply shows electoral bonds worth ₹15,956.30 crore sold since 2018
1 year ago

SBI’s RTI reply shows electoral bonds worth ₹15,956.30 crore sold since 2018

Live Mint  

Since the inception of the electoral bond scheme in 2018, as many as 27,133 or 55.9% of printed electoral bonds worth ₹15,956.3096 crore have been sold in 29 tranches, State Bank of India said on Tuesday in a reply to a right to information query. The bank said that of the total bonds that were sold, 194 bonds worth ₹23.8874 …

Electoral bonds worth over ₹15,000 crore sold since 2018: SBI in RTI reply
1 year ago

Electoral bonds worth over ₹15,000 crore sold since 2018: SBI in RTI reply

Hindustan Times  

As many as 27,133 or 55.9% of printed electoral bonds worth ₹15,956.3096 crore have been sold in 29 tranches since the inception of the Electoral Bond Scheme in 2018, the State Bank of India said on Tuesday in a response to a right to information request. In the RTI response received by transparency activist Commodore Lokesh Batra, it said that …

EC asks political parties to submit electoral bonds data by November 15
1 year, 2 months ago

EC asks political parties to submit electoral bonds data by November 15

Hindustan Times  

The Election Commission of India has reminded all political parties to submit details of donations received by them through electoral bonds by 5pm on November 15. The apex court had directed the ECI to submit details of all electoral bonds issued since the inception of the scheme by November 19 in a sealed packet. In line with an April 2019 …

29th tranche of electoral bonds sale kicks off today
1 year, 2 months ago

29th tranche of electoral bonds sale kicks off today

Live Mint  

The 29th tranche of electoral bonds was issued on Tuesday in anticipation of the upcoming assembly elections in five states. "Government of India has authorised State Bank of India, in the XXIX Phase of sale, to issue and encash Electoral Bonds through its 29 Authorised Branches w.e.f. Electoral bonds can be redeemed exclusively by an eligible political party through an …

Electoral Bonds chief source of donations for political parties: Report
1 year, 6 months ago

Electoral Bonds chief source of donations for political parties: Report

The Hindu  

Electoral Bonds were the chief source of donations for political parties, with the BJP garnering the lion’s share. Between 2016-17 and 2021-22, the seven national and 24 regional parties received a total donation of ₹9,188.35 crore from Electoral Bonds out of which the BJP’s share was ₹5,271.9751 crore, while all other national parties together amassed ₹1,783.9331 crore, according to the …

Validity of electoral bonds scheme | Supreme Court fixes April 11 to examine whether petitions need to be referred to Constitution Bench
1 year, 9 months ago

Validity of electoral bonds scheme | Supreme Court fixes April 11 to examine whether petitions need to be referred to Constitution Bench

The Hindu  

The Supreme Court on March 21 fixed April 11 to examine whether petitions challenging the validity of electoral bonds scheme need to be referred to a Constitution Bench. Explained | The electoral bonds scheme and the challenges to it in Supreme Court Mr. Farasat argued that the issue of election bonds raised cardinal and substantial questions of law affecting fair …

‘Power Money’: Political Parties Got Rs 6,500 Cr through Electoral Bonds from 2017-21, Says ADR
2 years, 1 month ago

‘Power Money’: Political Parties Got Rs 6,500 Cr through Electoral Bonds from 2017-21, Says ADR

News 18  

Political parties received donations worth Rs 6,500 crore through electoral bonds between 2017-18 and 2020-21, of which the Bharatiya Janata Party got Rs 4,238 crore, a new report from the Association for Democratic Reforms shows. “Around 79.91% or Rs 12,842.28 crore of the total income in five years is declared by eight national parties, while the remaining Rs 3,229.32 crore …

Electoral Bonds of over ₹10,700 crore purchased since 2018, says activist
2 years, 1 month ago

Electoral Bonds of over ₹10,700 crore purchased since 2018, says activist

The Hindu  

Electoral Bonds worth over ₹10,700 crore have been purchased between 2018 and October this year in 22 phases of their sale, according to a Right to Information reply. The Department of Economic Affairs, which is under the Finance Ministry, in response to an RTI request filed by transparency activist Commodore Lokesh Batra stated that 24,650 Electoral Bonds of the denomination …

Electoral bonds worth ₹10,246 crore sold in 21 tranches so far
2 years, 1 month ago

Electoral bonds worth ₹10,246 crore sold in 21 tranches so far

The Hindu  

Electoral bonds worth ₹10,246 crore have been sold by the State Bank of India since the instrument was launched in March 2018. Electoral bonds have been pitched as an alternative to cash donations made to political parties as part of efforts to bring transparency to political funding. The SBI has been authorised to issue and encash electoral bonds through 29 …

BJP bagging huge money through electoral bonds ahead of polls: Mamata Banerjee
2 years, 2 months ago

BJP bagging huge money through electoral bonds ahead of polls: Mamata Banerjee

Hindustan Times  

The Bharatiya Janata Party is bagging crores of rupees through electoral bonds ahead of the Gujarat and Himachal Pradesh elections, Trinamool Congress supremo Mamata Banerjee alleged on Wednesday. The West Bengal chief minister also said the BJP will not be able to return to power as the political equation in the country has changed since the last Lok Sabha polls …

Electoral bonds worth ₹545 crore sold ahead of Himachal, Gujarat polls
2 years, 2 months ago

Electoral bonds worth ₹545 crore sold ahead of Himachal, Gujarat polls

Hindustan Times  

New Delhi Electoral bonds worth ₹545.25 crore have been sold between October 1 and 10, with the Bharatiya Janata Party getting the bulk of the contributions, data acquired under the Right to Information Act has shown. Electoral bonds worth ₹ 545 crore sold ahead of Himachal, Gujarat polls Electoral bonds have been pitched as an alternative to cash donations made …

In April, most electoral bonds encashed in Hyderabad
2 years, 8 months ago

In April, most electoral bonds encashed in Hyderabad

The Hindu  

A Right to Information reply this week showed that the majority of electoral bonds sold in April were encashed in Hyderabad, at a time when speculation of early elections to the Telangana Assembly was rife. In response to a query by RTI activist Kanhaiya Kumar, State Bank of India on Thursday said electoral bonds worth ₹648 crore were sold in …

Electoral bonds worth ₹3,429.56 crore redeemed by parties in 2019-20: ADR
3 years, 4 months ago

Electoral bonds worth ₹3,429.56 crore redeemed by parties in 2019-20: ADR

The Hindu  

Electoral bonds worth ₹3,429.56 crore were redeemed by parties in 2019-20, and 87.29% of this was received by four national parties – the BJP, Congress, TMC and the NCP, poll rights group Association for Democratic Reforms said. "As per the data shared by SBI in response to ADR's RTI application, electoral bonds worth ₹3,429.5586 crore were redeemed by parties in …

Electoral bonds worth ₹280 crore sold ahead of Bihar Assembly elections
4 years, 1 month ago

Electoral bonds worth ₹280 crore sold ahead of Bihar Assembly elections

The Hindu  

Electoral bonds worth ₹282.29 crore were sold in October ahead of the Bihar Assembly election, the State Bank of India said on Friday in response to a Right to Information query. Comment | The opacity around electoral bonds The RTI reply showed that bonds worth ₹282,29,01,000 were sold from nine SBI branches. The application had said that “right before the …

India pulls off first of record bond sales with higher costs
4 years, 9 months ago

India pulls off first of record bond sales with higher costs

Live Mint  

India pulled off the first bond auction of its record-borrowing program after paying underwriters almost 50 times more in fees, underscoring how nervous primary dealers were over the deluge of debt. The government sold all ₹10,000 crore of the benchmark bond, with a bid-to-cover ratio similar to its last sale, and a cutoff yield just two basis points above expectations. …

₹81.67 crore worth electoral bonds sold before Delhi polls, says response to RTI query
4 years, 11 months ago

₹81.67 crore worth electoral bonds sold before Delhi polls, says response to RTI query

The Hindu  

In the run-up to the Delhi Assembly Elections, 139 electoral bonds worth ₹81.67 crore were sold by various branches of SBI, according to the response to an RTI query filed by Commodore Lokesh Batra In the 13th phase of bond sales, between January 13 to 22, the largest number were sold by the Kolkata branch, though the majority were encashed …

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