Consumer Court Orders Central Bank of India to Release PMAY Interest Subsidy and Pay Compensation

In a recent ruling by the Bangalore Urban II Additional District Consumer Disputes Redressal Commission, the Central Bank of India has been directed to release a proportionate interest subsidy to a consumer, Mr. K.S. Govindarama Rao. The commission found the bank liable for failing to release the sanctioned subsidy amount under the Pradhan Mantri Awas

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