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State Bank of India (SBI) said it had raised ₹10,000 crore at a coupon rate of 7.36% through its fifth infrastructure bond issuance. “The issue attracted overwhelming response from investors with bids in excess of ₹19,884 crore and was oversubscribed by around four times against the base issue size of ₹5,000 crore,” the bank said…
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Twelve of the 20 new companies which bought electoral bonds were from Hyderabad. | Photo Credit: Akash Dhage/Unsplash Despite companies in existence for less than three years not being allowed to make political contributions — even through the electoral bonds route — data shows that at least 20 such newly incorporated firms purchased poll bonds…
New Delhi: After being rapped by the Supreme Court, the State Bank of India has submitted all the details on electoral bonds to the Election Commission. The data includes the all-important unique numbers for the bonds, which will help match the donors with the political parties that were the recipients. The SBI submitted an affidavit…
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New Delhi: A journalist who had questioned the authenticity of the data shared by the State Bank of India (SBI) on electoral bonds has admitted that she was mistaken. Poonam Agarwal had, in a series of tweets, claimed that she bought electoral bonds only in 2018, but the data released showed she had purchased a…
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…
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Electoral bonds data will be made public by the poll panel once SBI shares it. New Delhi: The Supreme Court today came down hard on the State Bank of India for not sharing the complete data on electoral bonds, a scheme that allowed individuals and businesses to donate anonymously to political parties. The court had…
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The company that contributed the most through the method is Future Gaming and Hotel Services PR. New Delhi: In a big move towards transparency in political funding, the Election Commission of India has uploaded the data of the electoral bonds given to it by the State Bank of India. The details have been uploaded on…
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The poll body has been asked by the court to make this data public on its website by Friday. New Delhi: The Election Commission is likely to make the electoral bonds data public on its website soon after the expected disclosure by the State Bank of India. The Supreme Court today ordered the State Bank…
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New Delhi: The Supreme Court today dismissed the SBI’s petition seeking more time to submit details on electoral bonds. A bench led by DY Chandrachud has asked the bank to submit the information by tomorrow evening. Here Are Supreme Court’s Top 5 Quotes The submissions of the SBI sufficiently indicate that the information is readily…
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New Delhi: An application from the State Bank of India, seeking more time to file information on electoral bonds, will be heard by the Supreme Court today. The court had given time till March 6 to file the details. The bank wants time till June 30. Here are the Top 10 points in this big…
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