New Delhi, Aug. 18 -- The Supreme Court on Tuesday granted bail to Sudipta Sen, chairman and the managing director of the Saradha Group, in a criminal case registered by the Central Bureau of Investigation (CBI) in Assam.

Sudipta Sen is accused of masterminding the inter-state multi-crore scam known as Saradha chit fund scam and was arrested from Kashmir in April 2013.

The CBI case (CBI/SCB/Kolkata RC No. 62/S/2014), registered in connection with its probe into the alleged swindling of investors' deposits by the Saradha Group, originated from Dispur Police Station Case No. 732/2013.

A Bench comprising Justice Sanjay Karol and Justice Augustine George Masih passed the order in the case, Sudipta Sen v. Central Bureau of Investigation, in...