Nation

XNew Delhi: The Supreme Court on Tuesday asked what prejudice would be caused to banks if they provide an opportunity of hearing to borrowers before classifying their account as fraud.

A bench of justices J B Pardiwala and K V Viswanathan observed that at least an opportunity be given to a person whose account is to be declared as fraud.

The bench's observations came while hearing a petition filed by State Bank of India (SBI) challenging an order of the Calcutta High Court in a matter relating to declaration of an account as fraud.

Solicitor General Tushar Mehta, appearing for SBI, referred to a March 2023 verdict of the apex court and said the decision should not be read or understood to convey in so many words that oral hearing or personal hearing is mandatory.

In its 2023 ju

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