Tuesday, November 30, 2010

SBI settles 13 cases at Lok Adalat




 Source :TNN, Nov 29, 2010, 01.53am IST:PATNA:
The State Bank of India (SBI) held a two-day Lok Adalat here under the Debt Recovery Tribunal scheme. 

DGM, Network 11, Y K Lumba personally supervized the proceedings of the programme along with AGM S B Kanth and other officials. 

According to chief manager N P Singh, as many as 13 cases were settled at the Adalat which concluded on Sunday. 


The SBI recovered about Rs 3.5 crore by way of mutual settlement at the Adalat, he said, adding the SBI would continue to hold such kind of Adalats not only to recover dues from the borrowers, but also to facilitate those customers who have failed to pay dues to the bank for a long time. 


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