The plaintiff Bank filed this suit against the
defendant seeking the relief of recovery of loan amount
of Rs.18,03,843/- along with interest @ 14% p.a, till the
date of realization, with costs.
2. The brief facts averred in the plaint are as
follows:
The plaintiff is a Corporate Body constituted under
State Bank of India Act, 1955 and having its Corporate
Office at Madam Cama Road, Mumbai and its local Head
Office at St.Marks Road, Bengaluru-560001 and having
one of the Branch/office called the State Bank of India,
having one of the branches at Kumara Park Branch,
Bengaluru-20, represented by its Branch Manager, who is
authorized to file the suit in terms of Regulations 76 and
77 of the State Bank of India General Regulations, 1955.
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