SC on SBI loan recovery: Allahabad HC asked SBI to refund ₹17.29 lakh deducted from a widow's account to recover her deceased husband's loan, saying the bank was prima facie not entitled to recover it from insurance proceeds For the full story, visit the source.
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Can banks recover loans from life insurance payouts? Allahabad HC weighs in
SC on SBI loan recovery: Allahabad HC asked SBI to refund ₹17.29 lakh deducted from a widow's account to recover her deceased husband's loan, saying the bank was prima facie not entitled to recover it from insurance proceeds
By Akshita Singh· Business Standard· 10 days ago· 2 min read
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