State Bank of India faces scrutiny over negligence in its loan recovery practices.
1 report, 1 independent
Updated Jun 17
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What happened
State Bank of India faces scrutiny over negligence in its loan recovery practices.
Who's involved
What this event is mainly aboutHow it developed
Newest first. Tap a step to see who reported it.- 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
SBI's loan recovery practices were found negligent by a consumer commission.1 source
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The entities involved
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State Bank of India
Indian public sector bank and financial services organization