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

Posted on March 18, 2024 By admin


The Supreme Court has directed the State Bank of India (SBI) to disclose all details related to the electoral bonds, which allowed individuals and companies to make donations to political parties. It has also asked the country’s largest lender to file an 

“Every bit of information should come out. All details should come out. We want to ensure that nothing has bee suppressed,” said Chief Justice of India DY Chandrachud.

The top court is today hearing a petition against the “incomplete data” provided by the 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



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