The State Bank of India (SBI) has adhered to the Supreme Court’s directive and submitted comprehensive data regarding electoral bonds to the Election Commission of India. The electoral bond scheme has been a subject of considerable controversy and legal scrutiny since its inception. Despite the Supreme Court’s clear instructions, the SBI initially sought an extension for the deadline to release the data, citing logistical challenges. CJI DY Chandrachud criticized the bank for what was perceived as “wilful disobedience” and issued a stern warning of potential contempt proceedings if directives were…
SBI Complies with Supreme Court Order, Submits Electoral Bonds Data to Election Commission
