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Industry bodies ask SC to defer release of electoral bond numbers

The apex court said that the industry bodies could not be given any precedence over other applicants and their plea was not listed for the hearing

Election Commission makes fresh electoral bonds data public: See full list

BJP encashed electoral bonds totaling Rs 6,986.5 crore; Congress redeemed a total of Rs 1,334.35 crore through electoral bonds

SBI to make complete disclosure of electoral bonds details by March 21: SC

The Supreme Court on Monday directed the State Bank of India to make a complete disclosure of all details related to electoral bonds, including the unique bond numbers that would disclose the link between the buyer and the recipient political party, by March 21. A five-judge constitution bench headed by Chief Justice D Y Chandrachud said there is "no manner of doubt" that the SBI is required to disclose complete details of the bonds. It directed the SBI chairman to file an affidavit before it by 5 pm on March 21 indicating that the bank has disclosed all the details. During the hearing, the bench, also comprising Justices Sanjiv Khanna, B R Gavai, J B Pardiwala and Manoj Misra, observed that the SBI can't be selective and has to disclose all "conceivable" electoral bond details in its possession, including unique bond numbers that would disclose the link between the buyer and the recipient political party. The bench said the apex court had, in its verdict in the electoral bonds cas

Banks asked to check mis-selling, safeguard customers' interest: DFS Secy

Financial Services Secretary Vivek Joshi has said that public sector banks have been asked to check mis-selling of insurance products and ensure protection of account holders' interest. Banks have been sensitised on the matter, as the Department of Financial Services (DFS) regularly gets complaints that fraudulent and unethical practices are being adopted by banks and life insurance companies for procuring policies from the bank customers, he told PTI in an interview. "Banks have been asked to give utmost importance to the interest of account holders," he said. There have been instances where life insurance policies were sold to customers aged above 75 years in tier-II and III cities. Usually, banks push products of their subsidiary insurers. When resisted by customers, branch officials would sheepishly admit that they are under pressure from the top. Insurance products are pushed when customers go to seek any kind of loan or buy a term deposit. It is also conveyed that the Centr

Future Gaming & Hotel accounts for 77% of DMK's electoral bond receipts

The latest dataset released by the EC included scanned copies of the disclosures made by the political parties, running into hundreds of pages

ECI publishes details of electoral bond data on its website: See full list

22,217 electoral bonds were bought from 2019-24, of which 22,030 were redeemed, according to SBI

Electoral bonds: Four financial service firms bought bonds worth Rs 87 cr

Electoral bonds: SBI has issued electoral bonds worth Rs 16,518 crore in 30 tranches since the inception of the scheme in 2018

Highlights: Paytm Payments Bank releases FAQs on refund, closing FASTags

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SBI 'duty bound' to disclose electoral bond number: Supreme Court

SBI shared the data with the EC on March 12, following a Supreme Court directive, which allowed the EC until 5 PM on March 15 to upload the information on its website

SC orders SBI to disclose full electoral bond data to EC by 5 pm on Mar 16

The Supreme Court granted the EC's request for the unique identification numbers that will help link donors to the donations made to political parties under the now-scrapped electoral bond scheme

Electoral bonds: BJP received more funds than the next 6 parties combined

The ruling party received Rs 6,060 crore in electoral bonds, constituting 47% of the total donations, followed by TMC Rs 1,609.50 crore (12.6%) and Congress Rs 1,421.9 crore (11.1%)

Meet Santiago Martin, the 'Lottery King' who is top electoral bond donor

Electoral bonds: Santiago Martin's company, Future Gaming and Hotel Services, purchased electoral bonds worth Rs 1,368 crore between April 2019 and January 2024

Paytm parent One97 Communications plans partnership with 4 banks for UPI

UPI payments on the Paytm app will likely redirected to SBI, HDFC Bank, Axis Bank, and Yes Bank for settlement, if Paytm Payments Bank operations cease after March 15

Have shared electoral bonds details with ECI: SBI tells Supreme Court

'22,217 electoral bonds purchased, 22,030 redeemed between April 1, 2019, and February 15, 2024'

EC will disclose details on electoral bonds in time, says CEC Rajiv Kumar

The Election Commission has received details from the State Bank of India (SBI) related to the electoral bonds and will share all relevant information in time, Chief Election Commissioner Rajiv Kumar said here on Wednesday. The assertion comes in the wake of the Supreme Court directing the SBI to submit the details of the electoral bonds purchased since April 12, 2019 to the EC. SBI is the authorised financial institution to issue the electoral bonds. "The SBI was supposed to submit the data by March 12. They have given to us the details in time. I will go back and look at the data (and) would definitely disclose it in time," Kumar told reporters here. Kumar reached here on Wednesday to review preparations for the upcoming Lok Sabha elections in the Union Territory of Jammu and Kashmir. "We are ready for the 2024 Lok Sabha election. We will ensure free and fair elections across the country. We request voters across the country including Jammu and Kashmir to enthusiastically take p

Day after Supreme Court rap, SBI submits electoral bond details to EC

State Bank of India (SBI) on Tuesday evening submitted details of electoral bonds to the Election Commission of India in compliance with the Supreme Court order. The Supreme Court on Monday ordered SBI to disclose the details of electoral bonds to the Election Commission by close of business hours on March 12. As per the order, the Election Commission will have to publish the details shared by the bank on its official website by 5 pm on March 15. According to sources, SBI has complied with the orders of the apex court and submitted the details of the electoral bonds to the Election Commission. The SBI has issued Electoral Bonds worth Rs 16,518 crore in 30 tranches since the inception of the scheme in 2018. The Supreme Court, however, in a landmark verdict on February 15 scrapped the Centre's electoral bonds scheme that allowed anonymous political funding, calling it "unconstitutional" and ordered disclosure by the EC of donors, the amount donated by them and recipients. SBI had s

Highlights of the day: Foreign Secretary Kwatra given extension of 6 months

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SC rejects SBI plea, bank to give electoral bond details to ECI on Mar 12

Directs ECI to publish details shared by bank on website on March 15

Timely response

SC rightly denies SBI an extension on electoral bonds

SBI shares fall nearly 2% after SC's verdict on electoral bonds details

The bank has been asked to divulge the details of electoral bonds by March 12