SC Backs SBI; Cites Bijnor Precedent: ‘One -Time Settlement Benefits Not An Absolute Right’
In a significant ruling the Supreme Court has ruled in favour of the State Bank of India (SBI) in a case about the 2020 One-Time Settlement (OTS) Scheme. A bench of Justice Dipankar Datta and Justice A.G. Masih held that a borrower’s application is invalid if the required 5% upfront payment is not made. Because […]









