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Election Commission Releases Electoral Bond Data Provided by State Bank of India

Abhishek Sharma
Founder & Editor-in-Chief
Published: 2 min read
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As per the Supreme Court’s directives, the State Bank of India (SBI) submitted electoral bond data to the Election Commission of India (ECI) on March 12, 2024. Today, the ECI has posted this data on its website, sourced directly from SBI, at the following URL: Electoral Bonds Data

SBI has provided two sets of data:

1. Information on bond purchasers, including their names, purchase dates, and bond denominations.

2. Details of political parties, including names, encashment dates, and bond denominations.

Establishing precise connections between donors and political parties is highly challenging.

Election Commission Releases Electoral Bond Data Provided by State Bank of India
Election Commission Releases Electoral Bond Data Provided by State Bank of India
Election Commission Releases Electoral Bond Data Provided by State Bank of India
Election Commission Releases Electoral Bond Data Provided by State Bank of India

Top contributors to electoral bonds:

1. Future Gaming And Hotel Services (Lottery Martin) – ₹1,368 crore

2. Megha Engineering And Infrastructure Ltd – ₹980 crore

Contributors to political parties via electoral bonds encompass Grasim Industries Limited, Piramal Capital and Housing Finance Limited, Piramal Enterprises Ltd., Muthoot Finance Limited, Pegasus Properties Private Limited, Vedanta Limited, Bajaj Finance Ltd, Bharti Airtel Limited.

Contributors to political parties through electoral bonds comprise Finolex Cables Ltd, Lakshmi Niwas Mittal, Edelweiss Housing Finance Ltd, GHCL Ltd, Jindal Poly Films Limited, ITC Limited, Vedanta Limited.

In 2019, Grasim donated more than 20 crore rupees through Electoral Bonds.

Gujarat Fluorochemicals made a donation exceeding 10 crore rupees.

Sun Pharma’s contribution via Electoral Bonds surpassed 25 crore rupees in 2019.

Vedanta’s Electoral Bonds donation exceeded 40 crore rupees in 2019.

Qwik Supply Chain, backed by Reliance Industries, donated over 410 crore through Electoral Bonds.

Navayuga Engineering Company Limited, which was tasked with constructing the tunnel that collapsed in Uttarakhand last year, donated over 55 crore rupees via electoral bonds.

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Abhishek Sharma
Founder & Editor-in-Chief

Abhishek Sharma

I’m Abhishek Sharma, an Advocate based in Delhi, entrepreneur, investor, and founder of BigBreakingWire. I am an enrolled Advocate with a strong interest in entrepreneurship, media, and technology. I founded BigBreakingWire, a digital news platform covering breaking news, business, financial markets, companies, and important developments in India and around the world. I also have a software company and take an active interest in technology, software, AI, digital products, and new business ideas. As an investor, I’m interested in discovering and investing in promising businesses and startups. I look for good ideas, strong founders, practical business models, and opportunities with long-term potential. I enjoy building businesses, learning about new industries, and connecting with people who are working on interesting ideas and opportunities. Advocate | Entrepreneur | Investor | Founder & Editor-in-Chief, BigBreakingWire

Last reviewed by Abhishek Sharma on March 14, 2024

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