The searches were carried out in connection with alleged irregularities in the purchase of a building by the bank for its integrated office in Mumbai in 2010.
Alleged irregularities in loan disbursal activities and appointments in J&K Bank came to light after the Jammu and Kashmir Anti-corruption Bureau initiated action against it.
SEBI probe concluded that purported loans and fund transfers were paid back in full and did not amount to deceptive market practices or unreported related party transactions.
Many really smart people now share the position that playing cricket with Pakistan is politically, strategically and morally wrong. It is just a poor appreciation of competitive sport.
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