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Top News | 'Borrowers To Be Heard Before Accounts Declared Fraudulent', Says SC | Latest Updates
Posted
March 27, 2023
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8:38Now PlayingThe Supreme court decided today that the borrowers must be heard before accounts be declared fraudulent in State Bank Of India (SBI) vs Rajesh Aggarwal's tussle. The Supreme Court said that the classification of the accounts as fraud resulted in serious civil consequences. This is a huge setback for banks that use the central bank Reserve Bank Of India (RBI) to classify fraud. The apex court upheld the 2020 order that was upheld by the Telangana High Court that was challenged by the Central government led by Prime Minister Narendra Modi. Listen in! Watch Mirror Now to keep an eye on the latest developments!
#topnews #borrowers #sc #rbi #sbivsrajeshagarwal #latestupdates #englishnews #pmmodi #mirrornow
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