SBI moves SC; seeks clarification on fraud accounts
In its plea, filed on April 13, SBI said that default by borrowers has contributed to the weakening of the financial positions of the banks which affects the economy of the country.
In its plea, filed on April 13, SBI said that default by borrowers has contributed to the weakening of the financial positions of the banks which affects the economy of the country.
The top court said that classifying accounts as fraud results in serious criminal and civil consequences for borrowers.