🏦 SBI POSSESSION NOTICE – SARFAESI ACT
Jun 20, 2026 • Syed • Public Hearings / Legal Notices
Source:
Thehansindia.com
🏦 SBI POSSESSION NOTICE – SARFAESI ACT
🔹 Public Notice
State Bank of India, AMCC Nalgonda Branch, has issued a symbolic possession notice under the SARFAESI Act, 2002.
📌 Borrower: Sri Ramakrishna Cement and Iron, Proprietor Padala Yadagiri
📌 Guarantor: Padala Narmada Laxmi
💰 Outstanding Amount: ₹9,83,634/- as on 08.04.2026 along with applicable interest, charges and expenses.
🏠 The secured immovable property situated at Shaligouraram Mandal, Nalgonda District, has been taken into possession under Section 13(4) of the SARFAESI Act.
⚠️ Public is advised not to deal with the said property without proper authorization from the bank.