DEMAND NOTICE form state bank of india
Jul 11, 2026 • Arjuman Rafath13 • Legal Announcements / Legal Notices
Source:
business standard
This document is a Demand Notice issued by the State Bank of India (SBI) for loan defaults.It lists borrowers whose loans have been classified as Non-Performing Assets (NPA).Borrowers are given 60 days from the notice date to repay the outstanding dues.Failure to pay may result in the bank taking further action under the SARFAESI Act, 2002, including the sale of secured assets.