The Supreme Court criticises SBI for with holding information about electoral bonds.

The Supreme Court has accused SBI of not disclosing the number of electoral bonds following the publication of data on the ECI website.

The Supreme Court of India has stated that the State Bank of India has not provided the complete number of consolidated electoral bonds data as ordered.

The Supreme Court has issued a notice to SBI, requesting a response from the public sector bank.

The Election Commission revealed that Future Gaming and Hotel Services is the top purchaser of electoral bonds, as revealed on its website.

The Supreme Court has directed that after scanning and digitizing electoral bonds data, original documents must be returned to the Election Commission, which will upload the information on March 17.

The Supreme Court has mandated that original documents of scanned and digitized electoral bonds data must be returned to the Election Commission for uploading on March 17.

The court raised concerns about the SBI’s submission of bond details to the ECI, which did not include the alphanumeric number, and issued a notice to SBI regarding this matter.

The top court bench acknowledged that the SBI has not disclosed the alpha-numeric numbers of electoral bonds during the hearing of the Election Commission’s plea.

The Supreme Court, led by CJI DY Chandrachud, heard a case involving justices Sanjiv Khanna, B R Gavai, J B Pardiwala, and Manoj Misra.

Rajya Sabha MP and advocate Kapil Sibal has proposed the formation of a Special Investigation Team (SIT) to verify the accuracy of the SBI’s electoral bond data.

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