
Electoral bonds worth ₹695 crore sold during recent Assembly polls, highest amount in Kolkata
The Hindu
The SBI has, however, declined to name the political parties that encashed the electoral bonds.
State Bank of India sold electoral bonds worth ₹695.34 crore from April 1 to April 10, when the elections to the Assemblies of Tamil Nadu, Puducherry, West Bengal, Assam and Kerala were in full swing, according to a Right to Information reply by the bank. All but ₹2,000 of the electoral bonds sold in the 16th phase of the scheme were encashed, the reply showed. Predictably, the sale of electoral bonds shot up during the elections in comparison to the previous tranche in January when electoral bonds worth ₹42.10 crore were sold, the reply showed. The highest amount of electoral bonds were sold at the Kolkata branch (₹176.1 crore), followed by New Delhi branch (₹167.5 crore) and Chennai branch (₹141.5 crore), according to the RTI reply. Hyderabad and Mumbai branches sold ₹91.5 crore worth of electoral bonds each, while ₹15 crore worth of bonds were sold at the Gandhinagar branch, ₹5 crore in Jaipur, ₹4.15 crore in Guwahati and ₹3 crore in Panaji.More Related News