Canara Bank br. Samarth Through Sumit Bhimrao Govaradhan vs Kesharbai Sheshrao raut — 37/2025

Case Summary: The Civil Judge at Ambad decreed Canara Bank's suit against farmer borrower Kesharbai Raut and guarantor Narayan Budhnar for recovery of Rs. 14,97,571. The defendants had defaulted on a Rs. 3,00,000 agricultural loan sanctioned in 2014, which became a non-performing asset in 2016. The court found the defendants liable based on unchallenged bank evidence, as they failed to appear or defend the case; however, the court reduced the claimed interest from 10.45% to 9% p.a., finding the bank's claim excessive, payable within six months of the decree. This case analysis is maintained by casestatus.in based on publicly available court records.