The candidate, selected for the Circle Based Officer (CBO) position in SBI, had his appointment revoked after his CIBIL report revealed a history of loan and credit card defaults totalling ₹40,000 and personal loans taken during his tenure at ICICI Bank in 2018–19 .

He challenged the cancellation via a writ petition under Justice N. Mala, who dismissed it, affirming that “Someone who does not manage their own money properly cannot be trusted with handling public funds” .

The HC noted that the recruitment notification clearly stated that candidates with negative or default credit histories would be ineligible—and since the candidate had applied despite this, SBI was legally justified in withdrawing the offer .

The ruling also referenced a 2003 Supreme Court decision emphasizing strict adherence to public sector hiring rules

sources