The State Bank of India (SBI) has not disclosed details of the electoral bonds encashed by political parties as of Wednesday, missing the deadline set by the Supreme Court. Earlier, on Monday, the SBI had appealed to the Supreme Court for an extension until June 30 to reveal the specifics of each electoral bond transaction.
However, the apex court has not yet scheduled a hearing for the SBI’s plea. According to sources, no information has been provided to the Election Commission (EC) regarding the electoral bond transactions.
Last month, a constitution bench led by Chief Justice D Y Chandrachud invalidated the electoral bonds scheme and mandated the SBI to divulge details of every electoral bond transaction, including the date and denomination of each bond. The deadline for this disclosure was set for March 6.
The SBI argued in its application to the Supreme Court that retrieving information from various sources and cross-referencing it would be a time-intensive process. Additionally, the bench directed the EC to publish the information shared by the SBI on its official website by March 13.
However, an Election Commission spokesperson declined to provide any information or comments on the matter.
