Builders-banks nexus: SC pulls up CBI for probe, says homebuyers agony can't be prolonged

The Supreme Court has expressed strong displeasure with the CBI's investigation into a nexus between banks and developers. This alleged collusion has defrauded numerous homebuyers across India. The court emphasized that delays in the probe only increase the suffering of flat buyers. It has directed the CBI to expedite all cases and convert preliminary inquiries into regular ones.

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