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SBI Asked To Pay Rs88,000 to 2 Farmers for Wrongly Remitting PM Fasal Bima Yojana Premium

While upholding orders passed by fora below, the national consumer disputes redressal commission (NCDRC) directed State Bank of India (SBI) to pay Rs88,000 in equal shares to two farmers for wrongly remitting their premium for the Pradhan Mantri Fasal Bima Yojana (PMFBY) to another district, which made the farmer ineligible for due compensation under the PMFBY.

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