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State Bank of India faces scrutiny over negligence in its loan recovery practices.

1 report, 1 independent Updated Jun 17
AI-generated analysis. Brind wrote this summary from the reports listed below. It can be wrong. Each section says how much you can rely on it, and the sources are linked so you can check.

What happened

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State Bank of India faces scrutiny over negligence in its loan recovery practices.

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What this event is mainly about

How it developed

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  1. The Allahabad High Court ruled that State Bank of India could not recover the loan amount from the insurance proceeds of Priti Singh's account.Sub-event
  2. SBI's loan recovery practices were found negligent by a consumer commission.1 source

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