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flag India's Supreme Court grants interim bail to Amar Sadhuram Mulchandani, facing fraud charges, on medical grounds.

flag The Supreme Court of India has granted interim bail to Amar Sadhuram Mulchandani, former chairman of Pune's Seva Vikas Cooperative Bank, on medical grounds. flag Mulchandani faces allegations of fraud and misappropriation of ₹429 crore and has been imprisoned for over a year. flag His case involves multiple FIRs filed by Pune Police, leading to a money laundering investigation. flag The bank's license was revoked after over 92% of its loans became non-performing assets.

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