SBI urges Supreme Court to extend deadline for furnishing data on electoral bonds

SBI requests Supreme Court to extend March 6 deadline for furnishing data on Electoral Bonds
SBI urges Supreme Court to extend deadline for furnishing data on electoral bonds
Anjali Raj / Jaano Junction

The State Bank of India (SBI) on Monday urged the Supreme Court to extend the deadline till June 30 to provide information regarding electoral bonds to the Election Commission of India (ECI).

The initial deadline for SBI to furnish all relevant information to the Election Commission was set for March 6, 2024. However, citing the complexity of the task at hand, the bank has sought additional time to comply with the court's directives.

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SBI urges Supreme Court to extend deadline for furnishing data on electoral bonds

The Supreme Court had earlier directed the SBI to disclose the donor information, spanning from the interim order on April 12, 2019, to the judgment date on February 15, 2024. Within this period, a significant number of electoral bonds — specifically, 22,217 — were utilised for making contributions to various political parties.

Source: India Today

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