SBI filed an affidavit in the Supreme Court in the electoral bond case, 22,217 electoral bonds purchased since 2019

Electoral Bonds Case: In the electoral bond case, the State Bank of India (SBI) has submitted an affidavit to the Supreme Court. In an affidavit submitted to the Supreme Court, the Chairman of SBI stated that 22,217 electoral bonds had been bought between April 1, 2019, and February 15, 2024.

The chairman of the SBI informed the Supreme Court that the Election Commission has received information regarding donations made through electoral bonds by the order. Additionally, the Election Commission now has access to the date on which electoral bonds can be redeemed as well as the identities of the political parties that have received donations.

The affidavit also states that, in observance of the aforementioned directives, the Election Commission of India (ECI) was sent a digital copy of this data, password-protected, before the close of business hours on March 12, 2024. (i) By instruction No. (b), the date of purchase of every electoral bond, the buyer’s name, and the denomination of the bond are provided. The date of encashment, the electoral bonds, the names of the political parties that have received contributions, and the denomination of the bonds, following the instruction number. (c).

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