SC calls electoral bonds 'quid pro quo', asks SBI to stop issuing them | Latest News India
The Supreme Court on Thursday directed the State Bank of India to stop issuing electoral bonds immediately | Latest News India
Source: hindustantimes.com
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Electoral bonds: Supreme Court asks State Bank of India to stop issuing them 'immediately'
Electoral bonds are interest-free bearer instruments that are used to donate money anonymously to political parties.
Source: businesstoday.in
ADR, one of 4 petitioners, welcomes SC verdict on electoral bonds scheme
Electoral bond scheme was introduced by Prime Minister Narendra Modi-led government in 2018. It was ruled “unconstitutional” by the Supreme Court on Thursday. | Latest News India
Source: hindustantimes.com
Since 2018, BJP got 54.8% of electoral bonds encashed: Data
The BJP’s biggest rival, the Indian National Congress, received 9.4% or ₹1,123.31 crore of all bonds encashed until March 2023. | Latest News India
Source: hindustantimes.com
Electoral bonds worth over ₹15,000 crore sold since 2018: SBI in RTI reply
The State Bank of India (SBI) is the only bank authorised to issue and encash electoral bonds.
Source: hindustantimes.com