The Economic Times

Builders-banks nexus: SC pulls up CBI for probe, says homebuyers agony can't be prolonged

The Supreme Court has expressed strong displeasure with the CBI's investigation into the alleged collusion between banks and developers. This nexus has reportedly defrauded numerous homebuyers across India. The court emphasized that delays in the probe only increase the suffering of flat buyers. It has directed the CBI to expedite its investigation and convert preliminary inquiries into regular cases.