What is Electoral bond
Electoral bonds were paper instruments that anyone could buy from the State Bank of India and give to a political party anonymously.
Anonymous bonds
The electoral bond scheme allowed political parties to get away without making any significant disclosure to the Election Commission.
Who issued this bonds
The state bank of India was the only bank who could issue this bonds
Supreme court verdicts
The Supreme Court struck down the scheme as illegal on grounds that the public had the right to know who gave money to political parties.
Highest Donations
BJP had pocketed Rs 8,250 crore of Rs 16,492 crore bonds redeemed – just over half the money given through electoral bonds.