State Bank of India

A doctor in Chandigarh was left pleasantly surprised after he stumbled upon some old investments made by his grandfather. Dr. Tanmay Motiwala, a pediatric surgeon, was organising the family's assets when he found share certificates from the State Bank of India. He discovered that his grandfather had bought SBI shares worth Rs 500 in 1994.

The country's largest lender refused to reveal details of the Standard Operating Procedures (SOPs) while issuing to its branches regarding sale and redemption of bonds under the now-scrapped scheme.Transparency activist Anjali Bhardwaj had filed a petition under Right To Information (RTI) Act, seeking information about the SOPs laid down by the bank for the electoral bonds scheme.

The State Bank of India has reportedly filed the compliance affidavit in the electoral bonds case, submitting all the details linked to electoral bonds, including alpha numeric number, as directed by the Supreme Court.

Data released by the Election Commission on electoral bonds revealed that major political parties, including the Bharatiya Janata Party (BJP), Congress, Trinamool Congress, Bharat Rashtra Samithi, and Biju Janata Dal, did not disclose donor details, despite constituting 87% of the Electoral Bond funds

The Election Commission of India has released data on electoral bonds, revealing contributions from various entities to political parties. Major conglomerates like Adani Group and Reliance Industries were notably absent from the list.

The Election Commission has uploaded electoral bonds data provided by the SBI on its website, in compliance with Supreme Court directives. The data includes details of donors and political parties involved in electoral bond transactions, aiming to enhance transparency in political funding

The granting of this license comes as a relief for Paytm users, ensuring uninterrupted access to payment services. According to NPCI, Axis Bank, HDFC Bank, State Bank of India, and Yes Bank will step in to provide payment system services to Paytm.

The Supreme Court has directed the State Bank of India (SBI) to compile data on electoral bonds by Tuesday, with a warning of contempt proceedings if the deadline is not met. Furthermore, the Election Commission of India is mandated to compile and publish all electoral bond data by Friday, March 15, on its website

The Supreme Court on Monday junked the State Bank of India’s plea seeking an extension till June 30 to disclose details of each electoral bond encashed by political parties. A five-member Constitution bench headed by Chief Justice of India DY Chandrachud asked the SBI to submit the required data within the close of March 12 (Tuesday) business hours.

The Supreme Court on Monday heard the State Bank of India’s request seeking an extension till June 30 to disclose details of each electoral bond encashed by political parties before the scheme was scrapped last month.