Supreme Court Modifies Decree in Banking Dispute Over Interest Rates — Upholds Bank's Claim. The court found that the trial court and High Court erred in denying the Bank's claim for a higher rate of interest based on the agreements and the defendants' acknowledgment of liability....
The dispute arose from a suit filed by a bank for recovery of a loan amounting to Rs. 16,15,091.05 against the defendants, who were guarantors. The trial court framed several issues, including the agr...




