Current Affairs - Banking - Discussion

Union Finance Ministry announced that the first sale of electoral bonds will start from March 1, 2018 for a period of 10 days at select branches of State Bank of India (SBI). The bonds will be available in multiples of Rs.1000, Rs. 10000, Rs. 10 lakh, Rs. 1 crore. These bonds would be valid for 15 days from the date of issue. Electoral Bonds can be purchased from four main branches of State Bank of India in Chennai, Kolkata, Mumbai and New Delhi, starting from March 1, 2018 for a period of 10 days.