Electoral Bond Sale Jumps 157% In Poll Season, Touches Rs. 3,622 Crore

PUBLISHED ON: May 10, 2019 | Duration: 3 min, 57 sec

  
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Electoral bonds have seen a 157% jump in sales during election season, notching Rs. 3,622 crore in the March-April period. This comes up to almost double the monetary figure registered in the last 10 months. Incidentally, bond sales were still in triple digits -- at Rs. 350.36 crore -- until January this year. The figure zoomed to Rs. 1,365.69 crore the very next month, followed by Rs. 2,256.37 crore in April. The State Bank of India provided this information in response to a Right To Information (RTI) application filed by Pune-based activist Vihar Durve. However, it did not submit a break-up on the beneficiaries concerned.
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