Sant Rohidas Leather Industries v. Vijaya Bank
Supreme Court of IndiaEL-SC-2026-03-069Bench: Supreme Court of India
The Supreme Court (March 19) observed that merely earning interest on bank deposits does not automatically render the transaction “commercial” so as to exclude a person from the definition of a “consumer”; rather, it must be examined whether the deposit has a close and direct nexus with a profit-generating activity.