Brief by Shorts91 Newsdesk / 06:02pm on 11 Mar 2024,Monday India
The Supreme Court mandates the State Bank of India (SBI) to provide details of electoral bonds to the Election Commission by tomorrow. A five-judge bench scrutinizes SBI's delay in complying with the February 15 order to disclose anonymous political funding. The SBI requested an extension until June 30, citing time-consuming data retrieval. However, the court directs SBI to disclose the information by tomorrow. Chief Justice DY Chandrachud warns of consequences for non-compliance. The court emphasizes the necessity of transparency in political funding and may take action against SBI for disobedience.
