ICICI Bank with Allahabad High Court
ICICI Bank with Allahabad High Court

Allahabad High Court asks ICICI Bank Chairman to explain use of recovery agents despite Supreme Court bar

The Court was hearing a petition seeking quashing of a defamation case filed against bank officials by Rahul Singh, who had earlier taken a home loan from the bank’s Noida branch.

The Allahabad High Court recently directed the Chairman of the ICICI Bank to personally explain how the bank's officials had engaged recovery agents in a loan case despite a prohibition on it [Jasminder Chahal And 3 Others vs State of UP And 2 Others]

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