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UP: For her husband's loan, SBI withdrew money from his wife's FD; HC reprimanded, ordered compensation of one lakh.

1 sourceThursday, September 17

The Lucknow High Court reprimanded the State Bank of India for withdrawing ₹19.90 lakh from a wife's fixed deposit to recover her husband's loan. The court ordered the bank to return the full amount with interest and pay ₹1 lakh in compensation. The wife was not a party to the loan.

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