New Delhi, March 11 -- The Supreme Court put the State Bank of India on a tight deadline Monday, rejecting its plea for more time and ordering immediate disclosure of electoral bond donor details. In a high-stakes ruling, the apex court directed SBI to submit all relevant data to the Election Commission by midnight, closing a chapter on anonymous political financing but intensifying pressure on the state-run lender.
A 5-judge Constitution bench, led by Chief Justice DY Chandrachud, dismissed SBI's request for an extension until June to collate bond encashment records. When senior advocate Harish Salve argued extra weeks were needed due to disparate record-keeping, the court made clear a "plain disclosure" as stipulated in its February ver...