SBI cannot misinterpret RBI Circulars and Collection of Cash Handling Charges From Stamp Vendors based on its own assumptions is illegal: Madras High Court [Read Order]

The Madras High Court held that the SBI cannot misinterpret RBI circulars and the Collection of Cash Handling Charges From Stamp Vendors based on its own assumptions is illegal. The Petitioners, P.S.Shanmuga Sundaram are in the business of vending stamp papers since 1988 and holding valid licenses. The grievance of the Writ Petitioners is that […]
http://dlvr.it/SCVzhS