New Delhi, March 15 -- Union Finance Minister Nirmala Sitharaman on Friday said that huge "assumptions" have been made after the release of data on Electoral Bond Scheme and admitted that while the system might not be perfect, it was "one bit better" than the previous system of political funding that was "completely imperfect".

"The electoral bond system may not be perfect. We must take lessons from the Supreme Court judgement on electoral bonds. There may or may not be a new law around this, I'm not commenting on it. Will make efforts to make sure there is transparency," Sitharaman said while speaking at the India Today Conclave here today.

Sitharaman also dismissed as "assumptions" the links between raids by central probe agencies on ...