SBI to pay Rs. 1 lakh for illegal demand of credit card dues
State Bank of India (SBI), the country's largest lender has been directed by a consumer forum to pay R s. 1 lakh to a man, for raising a demand of over R s. 3 lakh from him towards credit card dues, even though he had not availed the facility. Delhi resident, Neeraj Oswal in his complaint to the East District Consumer Disputes Redressal Forum had contended that despite not having applied for a credit card from SBI, its officials sent a legal notice to him. He said that the bank initially demanded R s. 91,743.59 which was later increased to R s. 3,78,363. Mr Oswal alleged that despite informing bank that he was not SBI card holder, he received threatening calls from recovery agents. His name was then added to the defaulters list of CIBIL, which resulted in denial of his housing loan from another bank. Ruling out in the favour of the complainant, the East District Consumer Disputes Redressal Forum noted that the bank acted "irresponsibly"...