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DHFL: Denying bail on medical grounds, the court said Bhosle has been receiving quite good treatment in the hospital as per his wish and according to doctors, he is not suffering from any life threatening disease.
Bhosale, founder of Avinash Bhosale Infrastructure Limited (ABIL) Group in Pune, was arrested in May last year for his alleged role in the Yes Bank-DHFL scam.
As part of an investigation into Islami Bank's alleged aggressive lending to 11 companies, the Bangladesh Bank has asked the bank to suspend the disbursement of Tk9,135 crore loans to those companies until further notice. A central bank official confirmed the matter to The Business Standard on Tuesday, saying, "A central bank team visited Islami Bank and sought an explanation
The Pune-based businessman had earlier been arrested by the Central Bureau of Investigation (CBI) in connection with an alleged corruption case involving Yes Bank founder Rana Kapoor and Kapil Wadhawan of the DHFL
The Central Bureau of Investigation (CBI) had last month raided the house and some properties of builder Avinash Bhosale in the Yes Bank and DHFL fraud case and seized important documents.