The Supreme Court has sought responses from the Punjab National Bank (PNB) and the State Bank of India (SBI) on whether a Uttarakhand resident, whose CIBIL score has allegedly been shown as negative due to PAN duplication and erroneous reporting, has ever taken a loan or committed any default.

A bench of Justices K.V. Viswanathan and S.V.N. Bhatti, while hearing a special leave petition (SLP) filed by Rajendra Singh Panwar after the Uttarakhand High Court declined to intervene in his contempt plea earlier this year, issued notices to both banks directing them to file detailed affidavits.

The petitioner has contended that despite having no outstanding loan, his CIBIL score has shown a negative status since 2020, rendering him ineligible for any financial facility. He further claimed that

See Full Page