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Supreme Court: Bank can't revalue gold once loan repaid

IndiaTimes Tuesday, 17 June 2025 ()
The Supreme Court overturned a Patna High Court decision, reinstating charges against Bank of India officials accused of misappropriating gold pledged as loan collateral. The court questioned the bank's re-evaluation and auctioning of the gold after the borrower, Abhishek Singh, repaid his loan.
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Patna High Court Patna High Court High Court of Patna


Bank of India Bank of India Indian public sector bank

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