Here's How SBI Deletes Electoral Bond Documents from Website
Here's How SBI Deletes Electoral Bond Documents from Website

The State Bank of India has removed documents containing important details about the purchase of electoral bonds from its website. This action follows the bank's request for more time to disclose information about each electoral bond cashed by political parties, seeking an extension until June 30.

Key documents like the 'operating guidelines for donors' and frequently asked questions were not accessible on the SBI website at the time of writing. These documents provided essential information such as who could buy electoral bonds, available denominations, and required documentation.

The Supreme Court of India declared the electoral bonds scheme for political funding null and void on February 15, stating that it violated the constitutional rights to freedom of speech and expression, as well as the right to information.

The apex court instructed SBI to furnish details of electoral bonds purchased since April 12, 2019, to the Election Commission by March 6. Subsequently, the Election Commission was directed to publish this information on its official website by March 13.

On Monday, SBI filed a plea with the Supreme Court seeking an extension until June 30. The bank cited the time-consuming nature of retrieving information from various sources and the complexity of matching data from different sources as reasons for the request.

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