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What to do when the bank hides the subsidies received from government


27-Jul-2023 (In Banking / Finance Law)
SBI Bank hide the subsidies received from governments for Educational loan and rate of interest calculated 12.5 to 13.5%per month not annum. The amount of interest added to the next month principal
Answers (2)

Answer #1
505 votes
The allegation seems to be incorrect. If you suspect any impropriety, you may apply under the RTI Act and seek necessary clarification. The information will be available if you are a customer, and not otherwise.
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Answer #2
924 votes
is it enquiry or information, in what way you are affected by the actions of SBI, if you so affected u can escalate the same by invoking writ jurisdiction of concerned High court, so be specific in query.
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