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Hyderabad court slams unverified scam claims against Euro Exim Bank in 100 crore defamation case
Business
Published on 2 May 2026
Judges said no documentary proof backed the “fraud” charge
The Hyderabad City Civil Court has restrained unverified telecasts accusing Euro Exim Bank of fraudulent guarantees and mega-scam involvement. The court said the respondents offered no documentary evidence or credible material to support such serious claims. The order comes amid a ₹100-crore defamation suit, highlighting the bar for public allegations in court-linked media coverage.
- Court restrained telecasts over unverified allegations against Euro Exim Bank
- Judges criticized lack of documentary evidence for “fraudulent” guarantee claims
- Serious “mega scam” accusations were deemed unsupported by credible material
- Case involves a ₹100-crore defamation dispute
Read the full story at Republic
This summarization was done by Beige for a story published on 
Republic