SBI banker's 'Valentine' loan request rejected

'Valentine' was cited as a festival in an advance festival loan request for ₹42,970 by Digvijay Singh, a probationary officer at a State Bank of India branch in Gujarat. The bank rejected that application terming Valentine's Day as an "invalid festival". However, the bank approved Singh's request when he applied for the same loan with 'Basant Panchami' as the festival.

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