Complete information of bonds is in digital format
Judiciary is one of the three major pillars of indian democracy. The people of the country trust the judiciary more than the legislature and the executive. Only and only the court is in the minds of common people as the last resort for justice and rights. The supreme court is at the top of the indian court system. The supreme court had given three weeks' time to SBI. This time was given to provide those data and information, which are completely in wallet PLATFORM' target='_blank' title='digital-Latest Updates, Photos, Videos are a click away, CLICK NOW">digital format. The entire process of purchasing donor bonds and encashing that bond from the bank was completed digitally. What this means is that the information about electoral bonds that sbi has to give to the election commission is not in the paper register or paper document, but in wallet PLATFORM' target='_blank' title='digital-Latest Updates, Photos, Videos are a click away, CLICK NOW">digital format.
sbi has such a big network, still unable
sbi is the largest bank in the country with one-fourth market share. This bank provides banking services to more than 48 crore customers through its vast network of more than 22,405 branches. The bank lists service, transparency, ethics, humility and stability as its core values. All these claims are available on the official website of state bank of India. Since 2004, every branch of sbi is connected to each other through computerization. In the case of electoral bonds, sbi has to give information about 22,217 bonds.
Despite having such a large network, sbi took less than three weeks to provide wallet PLATFORM' target='_blank' title='digital-Latest Updates, Photos, Videos are a click away, CLICK NOW">digital information of 22,217 bonds. For this he needs time till 30th June. When added to 15th february it becomes four and a half months. It does not seem logical at all that it would take so much time to match the buyers of 22,217 electoral bonds with the beneficiary parties. For a big bank like sbi, this is a very time consuming task. Despite this, this kind of attitude from the bank's side raises many questions.