In its affidavit, the bank also states that 22,217 electoral bonds were issued in total between April 2019 and February 15, 2024.....
Digital desk: The State Bank of India (SBI) filed an affidavit today stating that it has provided the Election Commission of India (EC) with information regarding the bonds, two days following a ruling by the Supreme Court in the electoral bonds case. According to the SBI's compliance document, the data was sent in a pen drive to the poll body. It has stated that the information is contained in two password-protected PDF files.
In its affidavit, the bank also states that 22,217 electoral bonds were issued in total between April 2019 and February 15, 2024, prior to the Supreme Court's invalidation of the program. Political parties redeemed 22,030 bonds out of this. According to regulations, the remaining 187, according to the bank, were redeemed, and the proceeds were placed in the national assistance fund of the prime minister.
Donors may buy electoral bonds to make donations to the parties of their choice under the now-canceled electoral bonds program. However, the bonds had to be redeemed by the parties within 15 days, or else the money would be transferred to the Prime Minister's relief fund.
