Allahabad High Court while hearing anticipatory bail application filed by Preetam Singh granted him bail in case of money embezzlement from two bank accounts in the Union Bank of India, Branch Khari Babri, Delhi in the name of Vikas Sahakari Awas Samiti Ltd Shatabdi Enclave, Noida, Gautambudh Nagar.
The RBI recently informed the apex court that a waiver on loan interest would jeopardise the banking sector. But two cases have shown that banks are biased towards the rich while the common man is left in the lurch