STATE BANK OF INDIA vs BIDYUT KUMAR MITRA .

The Supreme Court overturned the Calcutta High Court's decision that quashed the disciplinary proceedings against the respondent, who was charged with negligence in granting loans beyond his discretionary powers, violating the State Bank of India (Supervising Staff) Service Rules, specifically Rules 32(3) and 32(4). The Court held that the High Court erred in its assessment of the inquiry process and the validity of the charges, emphasizing the importance of adherence to banking regulations. Consequently, the Supreme Court reinstated the disciplinary proceedings against the respondent.