The State Bank of India on Tuesday evening submitted data about electoral bonds to the Election Commission of India, in line with a stern order from the Supreme Court.
Corporate funding of politics is a controversial subject. More so in India, where most of the money in recent years has gone to only one party. But there is a p
Poll bonds: Indian banks norms may hinder the disclosure of subscribers names in electoral bonds. The Supreme Court banned these bonds, citing transparency and accountability concerns. The State Bank of India has been ordered to disclose donor details, including the BJP s lion s share of Rs 16,518.11 crore funding, ahead of the general elections.
The Court said the scheme violates the right to information. It rejected almost every argument of the government's lawyers with hard-hitting remarks like 'Constitution does not turn a blind eye only because there is a possibility of misuse'