Hyderabad-based businessman Sarath Chandra Reddy, the man whose revelations led to the arrest of BRS MLC K. Kavitha and Delhi CM Aravind Kejriwal over the past week, also paid Rs 55 crore to the Bharatiya Janata Party through electoral bonds, the data released on March 21 reflected. Sarath Chandra Reddy won licences for five liquor retail zones under the excise ...

On Monday, the Supreme Court issued directives to the State Bank of India (SBI) to disclose comprehensive details concerning electoral bonds. These details include the date of purchase and redemption, the names of purchasers and recipients, denominations, and alphanumeric numbers and serial bonds. Furthermore, the court instructed SBI Chairman Dinesh Kumar Khara to submit an affidavit by 5 pm on ...

The highest judicial authority today issued a stern rebuke to the State Bank of India (SBI) concerning its handling of information regarding electoral bonds, a program enabling discreet donations to political parties by individuals and entities. Following the court’s previous decision to nullify the electoral bonds scheme, SBI was instructed to divulge comprehensive data regarding donations spanning the past half-decade. ...

The electoral bonds data published by the Election Commission of India on its official website reveals the donor side and the political parties but not connect who received from whom. However, initial data interpretation showed that political parties received more than Rs 12,769 crore as donations from corporates and individuals since 2019. A total of 20,421 electoral bonds were encashed ...

The State Bank of India (SBI) has reportedly indicated its readiness to disclose details regarding electoral bonds, as mandated by the Supreme Court. Following the Court’s directive on Monday, SBI was instructed to provide information on electoral bonds encashed by political parties to the Election Commission of India by the close of business hours on Tuesday, March 12. Expressing dissatisfaction ...