Sunday, April 28, 2024

Should SBI Disclose All Details On Electoral Bonds? Supreme Court To Decide

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The Supreme Court is today hearing a petition against the “incomplete data” provided by the State Bank of India (SBI) on the donations made to political parties through electoral bonds.

The court had struck down the scheme and directed the bank to share all details on the donations made in the last 5 years.

Hearing a petition by the Election Commission, the Supreme Court sent a notice to SBI saying that the data provided on electoral bonds was incomplete. The five-judge bench, headed by Chief Justice DY Chandrachud, directed SBI to disclose electoral bond numbers as well, in addition to the details it has already shared.

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