On October 17, 2025, the Odisha High Court provided relief to Mr. Mallick, a retired man by directing the bank to give back the pension it had deducted from his joint bank account with his wife. The court ruled that a bank cannot withdraw money from a joint account to recover a defaulted loan that was only taken by one of the joint bank account holders and the other was merely a guarantor.

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This judgement came in a case filed by Mr. Mallick, a retired employee of the Rail Coach Factory, Mancheswar, and currently a pensioner maintaining a bank account with the State Bank of India (SBI). His monthly pension is around Rs 35,000, and it is his main source of income.

Mallick acted as a gua

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