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SC rejects Kapil Wadhawan's interim bail on medical grounds in bank loan fraud case

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The Supreme Court rejected Kapil Wadhawan's interim bail appeal on medical grounds in a bank loan fraud case. The case involves a fraud amounting to Rs 42,871.42 crore, where funds were misappropriated and banks suffered a loss of Rs 34,615 crore. Kapil Wadhwan’s regular bail application is still pending.