State Bank Of India [SBI] — Faulty credit reporting

Address: Dharwad, Karnataka, 580023

I've availed a car loan from State Bank of India and I promptly paid all my instalments on time. I've issued standing instructions to bank on their standard form to automatically deduct the monthly instalment on 15th of every month. My monthly salary is linked to this bank account and regularly on 30th of every month my salary (equal to or more than 20 times the instalment amount) was credited to this bank account. The least balance in my account during the period of repayment was more than 60 times the amount of instalment. Hence there's no way the payments are delayed on my part. Apparently, the bank had some problem with their software and probably one payment wasn't deducted by the bank on time. And that too it was due to the fault of bank and had nothing to do with me. Still 12 late payments are shown here and I have been labelled as a defaulter.

I take strong objection to this faulty reporting where my image and online reputation are spoiled by SBI for no fault of mine.

Please arrange to rectify this immediately & arrange to advise CIBIL, experian & all other similar credit rating agencies in India & elsewhere in the world within 7 days. Else I am going to sue state bank of india and the reporting agencies in the appropriate court of law claim compensation of not less than Rs. 30 lakh.