India, April 12 -- A special Central Bureau of Investigation (CBI) court on Friday granted bail to 11 accused in a Rs.100-crore loan fraud case involving Punjab National Bank (PNB), observing that the investigation is complete, no custodial interrogation was sought during the probe, and all material evidence has already been seized.

In near-identical orders passed for all accused, Special Judge J P Darekar recorded that none of the accused were arrested during the investigation and had appeared before the court pursuant to summons issued after the filing of the charge sheet. The court further noted that "nothing remains to be recovered or discovered" from them.

The case pertains to loans sanctioned to Siddhi Vinayak Logistics Ltd betwee...