Canara Bank br. Samarth Through Sumit Bhimrao Govaradhan vs Rameshwar Digamber Pawar — 46/2025

Case Summary: Canara Bank v. Rameshwar Digamber Pawar (46/2025) The Civil Court at Ambad decreed Canara Bank's suit for recovery of Rs. 7,34,843 against defendant Rameshwar Pawar, a farmer who defaulted on a minor irrigation loan of Rs. 1,99,000 sanctioned in September 2016. The court found the defendant liable for the outstanding amount based on unchallenged bank evidence, the defendant's non-appearance, and signed loan documents. However, the court reduced the interest rate from the contracted 10.45% p.a. to 9% p.a., deeming the original rate exorbitant. The defendant must pay within six months. This case analysis is maintained by casestatus.in based on publicly available court records.