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SBI Ordered to Pay Rs 25K for Sharing Customer's Account Details With Employer

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A district consumer commission has ruled against the State Bank of India for sharing a customer's personal savings account details with his former employer. The bank disclosed this information without obtaining the customer's consent or permission. The commission found SBI guilty of deficiency in service and directed it to pay compensation along with legal costs to the complainant. The ruling highlighted the critical responsibility of banks to safeguard customer privacy and financial data.

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