SC Orders Complied: SBI Provides Electoral Bonds Data To ECI Digitally

Delhi/Hyderabad, March 13 (Maxim News) : In a compliance affidavit filed by the State Bank of India (SBI) told the Supreme court that it has furnished data on electoral Bonds to the Election Commission of India (ECI) in digital form.

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The affidavit sworn by SBI chairman stated that a sealed envelope was handed over to the poll body before the close of business hours on Tuesday containing two PDF files, one with details of the purchasers of the Electoral Bonds and the other file containing names of the political parties who have encashed these Bonds with all the requisite details as required by the Constitution bench Judgment. 

The data furnished in respect of bonds purchased and redeemed between April 1, 2019 and February 15, 2024, the affidavit added.  Further, it said that a total number of 22,217 bonds were purchased and 22,030 bonds were redeemed by political parties during the period of between April 1, 2019 and February 15, 2024.

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Referring to a 2018 gazette notification, SBI said that the amount of the Electoral Bonds which were not encashed by the political party within the validity period of 15 days have been transferred to Prime Minister’s national Relief Fund. (Maxim News)

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