State Bank of India Branch Pandharpur Through Branch Manager vs Sushila Shinde — 366/2022

Case Summary: SBI v. Sushila Shinde & Ashok Tate (366/2022) The court partially allowed State Bank of India's loan recovery suit against the borrower and guarantor. The bank successfully proved through documentary evidence that a principal loan of ₹2,15,000 was advanced on 29.09.2014 at 7% annual interest, with the borrower defaulting on repayment despite a legal notice issued on 14.02.2022. The court decreed that the respondents pay ₹2,89,400 (comprising principal arrears of ₹1,94,592.77, accrued interest of ₹84,830, delayed interest of ₹6,977, and fees totaling ₹3,000) within two months, plus further interest at 7% per annum from the suit date until full payment. The court rejected the respondents' claim for a charge on mortgaged property, noting such relief can only be pursued through subsequent execution proceedings. This case analysis is maintained by casestatus.in based on publicly available court records.