The magisterial court gave its order on a complaint by a civil judge, who told the court that the bank had made the false depositions in its application to him for recovering a sum of Rs 43,496 from alleged loan defaulter Mohd Irfan.
Trashing the bank's plea for leniency, the court said, "It is the lenient attitude of the courts of law shown towards such institutions that they have not bothered to rectify their system and mend their ways."
The court also imposed a fine of Rs 5,000 on bank's representative Rajeev Sharma, who had moved the court, and sentenced him to a simple one-day imprisonment, ordering him to stand in the courtroom itself till rising of the court.
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