SC probes ₹1,537 crore loan write-off fraud

SC probes ₹1,537 crore loan write-off fraud. The Supreme Court has flagged a 'deep-rooted nexus' in loan write-offs and sought responses in a fraud case involving ₹1,537 crore. The court's intervention suggests potential systemic misuse in banking sector write-offs. This could trigger regulatory scrutiny across public sector lenders.

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