Supreme Court Considers Bail Plea in ₹34,926 Crore Bank Fraud

Kapil Wadhawan, previously involved with DHFL, is accused of a large bank fraud, misusing money from banks.

The Delhi High Court previously denied him bail because of concerns about his behavior and his alleged role as the main person behind it.

Now, he's asking the Supreme Court to let him out.

The Supreme Court has asked the CBI, a major investigation agency, to explain why Wadhawan should not be granted bail.

The High Court previously cited his conduct during custody was not beyond reproach, indicating he might still be able to influence the case.

The High Court said that Wadhawan was the architect of the fraud, which is against the financial system.

The Supreme Court will make the final decision.