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Over Rs 1,000 crore electoral bonds sold in election month; Hyderabad leads in sales

During recent Assembly elections in Telangana, Rajasthan, Madhya Pradesh, Chhattisgarh, and Mizoram, anonymous electoral bond funding surged by over 400%, reveals State Bank of India (SBI) data obtained through RTI. In the 29th tranche (Nov 6-20), Rs 1,006.03 crore in bonds were sold, with 99% stemming from Rs 1 crore bonds.

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