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The Economic Times

Economy / The Economic Times

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SC pulls up banks over alleged nexus with builders in real estate cases

In a significant ruling, the Supreme Court has ordered lenders to proceed with prosecuting their officers implicated in a questionable alliance with builders. The court's directive includes the allocation of extra police forces to bolster the CBI's ongoing probe. Additionally, pertinent case details will be handed over to the Enforcement Directorate, as the CBI scrutinizes allegations tied to certain real estate firms.

7 Aug 2026 12:11 am