New Delhi [India], January 1 (ANI): The Ministry of Finance has granted authorization to the State Bank of India (SBI) for the issuance and encashment of electoral bonds through its 29 authorised branches. “The State Bank of India (SBI), in the XXX Phase of sale, has been authorised to issue and encash electoral bonds through its 29 authorised branches (as per list enclosed) with effect from January 2 to January 11,” it stated. “The Electoral Bonds shall be valid for fifteen calendar days from the date of issue and no payment shall be made to any payee political party if the Electoral Bond is …