The State Bank of India (SBI) on Tuesday (February12) submitted the Electoral Bonds data to the Election Commission of India (ECI), in adherence to a strict directive from the Supreme Court issued the previous day. The President of the Supreme Court Bar Association has requested the President, Droupadi Murmu, requesting that the judgment of the […]
The immediate market reaction to the Supreme Court’s decision was negative, as reflected in the drop in SBI’s share price. Supreme Court on Monday dismissed the State Bank of India’s (SBI) plea for an extension to disclose details related to the Electoral Bonds Scheme. The Supreme Court on Monday (February 11) dismissed the State Bank […]
The Communist Party of India (Marxist) has also submitted a contempt petition against the State Bank of India for failing to disclose information on Electoral Bonds. The Supreme Court is scheduled to review this case tomorrow, alongside the contempt petitions from ADR & Common Cause, as well as the SBI’s request for an extension of […]