The Delhi High Court has granted bail to Dheeraj Wadhawan, former promoter of Dewan Housing Finance Corp Ltd, in a significant bank loan fraud case. The court's decision overturns a previous trial court order. The Wadhawan brothers are accused of conspiring to cheat a consortium of 17 banks, resulting in a loss of Rs 34,615 crore. This case marks the largest banking loan fraud in India.
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