Electoral bonds worth ₹5,029 crore issued till May 4, reveals RTI reply2 min read . Updated: 15 May 2019, 06:01 PM IST
- SBI is the only commercial bank which has been authorised by the Centre to issue electoral bonds ever since it was envisaged last year
- Notably, the Electoral Bond Scheme, 2018, notified by the Centre in January last year, has been challenged in the Supreme Court
MUMBAI : At an average of ₹48 lakh per bond, the State Bank of India (SBI) has issued 10,494 electoral bonds in nine phases so far, worth over ₹5,029 crore, an RTI response has revealed.
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