Jammu and Kashmir Court Denies Bail to Five HDFC Bank Officials in Fraud Case

A court in Shopian, Jammu and Kashmir, rejected the bail pleas of five HDFC Bank officials accused of involvement in a large-scale financial fraud at the bank's Shopian branch. The accused were arrested in February following a significant breakthrough by the Economic Offences Wing (EOW) Kashmir. The case is registered under multiple sections of the Bharatiya Nyaya Sanhita and the Information Technology Act, and the accused remain in judicial custody at Central Jail, Srinagar.