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Yes Bank-DHFL case: Special court refuses to discharge businessman Satyan Tandon

As per the CBI, Yes Bank, led by its then CEO Rana Kapoor, extended loans of over Rs 3,700 crore to DHFL controlled by Kapil and Dheeraj Wadhawan in exchange for pecuniary benefit.

September 15, 2025 / 23:24 IST
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A special court here has refused to discharge businessman Satyan Tandon in the Yes Bank-DHFL loan case, saying charges against him cannot be called "groundless" at this stage.

Considering the specific allegations against him and the serious nature of offence, it is necessary to give the prosecution an opportunity to prove its case on merits, the court held.

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Special CBI judge RB Rote rejected Tandon's discharge application on September 11. The reasoned order was made available on Monday.

Tandon, one of the directors of Wizard Construction India Private Limited (WCIPL), is accused by the Central Bureau of Investigation (CBI) of being a conspirator in the fraud.