SBI Pays Rs 15L Settlement to Guman Singh

Authority: Supreme Court (Special Lok Adalat), bench comprising Chief Justice, Justice Joymala Bagchi, Justice V. Mohana

Order Date: 22-08-2026

Case Overview

• Appellant: Guman Singh; Respondents: State Bank of India (SBI) & others.
• Conviction under the Prevention of Corruption Act, 1988 on 27-01-2014; discharged from service effective 21-10-2014.
• Acquitted by the High Court on 20-04-2017; SBI reinstated him on 12-09-2017.
• Back wages and other service benefits for the period 21-10-2014 to 11-09-2017 remained unpaid.
• During settlement, the appellant agreed to accept a lump‑sum amount of Rs 15,00,000.
• The award was digitally signed by Satish Kumar Yadav on 09-09-2026 at 16:52:29 IST (signature not verified).

Final Outcome

• Respondent‑bank ordered to pay Rs 15,00,000 to the appellant, with simple interest at 6% per annum from 01-01-2019 until actual payment.
• Payment to be made within three weeks of the award.
• Respondent‑bank also directed to grant all other consequential service benefits to the appellant.
• The appeal stands disposed of in terms of the award.

Topics: Banking, Employment Benefits