The Supreme Court of India has agreed to hear a plea seeking contempt action against State Bank of India (SBI) over its handling of donations through electoral bonds. The plea alleges that SBI has violated the court’s previous orders by allowing the sale of electoral bonds without disclosing the identity of the donors. The electoral bond scheme was introduced in 2018 to allow individuals and corporates to make anonymous donations to political parties. Critics argue that these bonds undermine transparency and promote corruption in the political system. The Supreme Court will now examine the matter and decide whether contempt proceedings should be initiated against the SBI.