The State Bank of India (SBI) maintains a secret number-based record of donors who buy electoral bonds, and the political parties they donate to. Law enforcement agencies can request access to this record
The bonds worth Rs 10 crore were redeemed soon after the 2018 Karnataka state elections resulted in a hung assembly. The bonds had been purchased in a special sale window opened at the direction of Prime Minister Modi's office
Modi govt's bizarre justification: Corporates should be allowed to donate secretly because they have a Right to Life under the Constitution which overrides citizens' right to information and is equal to citizen's right to secret ballot!