New Delhi, Aug. 21 -- A businessman who operates in the fish machinery segment received Rs.23 lakh in his bank account via RTGS on January 16, 2026. Shortly after the money was credited, the bank froze his account, citing a mismatch between the deposit amount and the income he declared when opening the account.

The bank noted that the customer had declared an annual income of Rs.5.76 lakh when he opened the account, making the Rs.23 lakh real-time gross settlement (RTGS) deposit appear suspicious, according to a report by The Economic Times.

The matter eventually reached the Allahabad High Court, where the bench held the bank responsible for its arbitrary decision, ruling in the businessman's favour. It even directed the bank to compens...