Brind.

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

Steady: 0 in the last 7 days Updated sep 24

The latest in this situation

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.Sep 24

How it started

1 report, 1 independent, last reported Jun 17. The briefing below covers this first event.

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

Some supportReported by 1 outlet

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

Who's involved

What this event is mainly about

State Bank of India

How it developed

Newest first. Tap a step to see who reported it.

Sep 24The 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
Jun 17SBI's loan recovery practices were found negligent by a consumer commission.1 source
- businesstoday.in

Keep exploring

The entities involved

State Bank of India
Indian public sector bank and financial services organization
- State Bank of India has a High Court branch, Shiv Pratap Shukla is the Telangana governor, and Radha Kant Ojha is a Rajya Sabha member-elect.00:52
- State Bank of India and Bajaj Finserv reported their Q2 financial results, noting a decline in profit.Tue 09:36

Coverage

Newest first; wire copies grouped

Jun 17businesstoday.in