The Bombay High Court on Wednesday granted bail to Rajneet Singh, Trupti Bane and Mukti Bavisi the directors of the Punjab and Maharashtra Cooperative (PMC) bank, accused in the multi-crore PMC bank scam case. The HC has granted them bail on a surety of Rs one lakh each.
A single-judge bench of Justice Prakash Naik has also ordered the trio not to leave the country without the court’s permission. The judge has also ordered them to surrender their passports with the Economic Offences Wing (EOW) of the Mumbai Police.
The trio is further asked to report to the EOW twice a week, confirmed advocate Rahul Gaikwad, representing Bane and Bavisi.
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