Bank can’t recover entire pension towards loan: Karnataka High Court
BENGALURU: The Karnataka High Court directed a nationalised bank not to recover over 50% of an employee’s pension towards his ...
K’taka HC stops bank from debiting full pension against loan EMIs
Bengaluru: Coming to the rescue of a retired bank employee, Karnataka high court recently directed Canara Bank not to debit ...
Bangalore Mirror3d
Can’t withhold entire pension for EMI lapse: High Court
The Court highlighted that bank regulations do not allow the full recovery of pension from retired staff for loan defaults.