Govt approves 15th tranche of electoral bonds; sale closes on January 10 ...Middle East

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Govt approves 15th tranche of electoral bonds; sale closes on January 10
source : Business Standard ( Middle East ) () 7
The government on Tuesday approved the 15th tranche of electoral bonds which will be open for sale between January 1 and January 10. Electoral bonds have been pitched as an alternative to cash donations made to political parties as part of efforts to bring transparency in political funding. "The State Bank of India (SBI), in the XV Phase of sale, has been authorised to issue and encash Electoral Bonds through its 29 Authorised Branches (as per list enclosed)w.e.f. 01.01.2021 to 10.01.2021," the Finance Ministry said in a statement. The 29 specified SBI branches are in cities such as Patna, New Delhi, Chandigarh, Shimla, Srinagar, Dehradun, Gandhinagar, Bhopal, Raipur, Mumbai, and Lucknow. Th

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