Story
UP: For her husband's loan, SBI withdrew money from his wife's FD; HC reprimanded, ordered compensation of one lakh.
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.
Source articles
यूपी: पति के लोन के लिए एसबीआई ने पत्नी की एफडी से पैसे निकाले, हाईकोर्ट ने फटकारा, कहा- एक लाख मुआवजा दें