India, Feb. 14 -- The Bombay High Court on Tuesday granted bail to Dewan Housing Finance Corporation Limited (DHFL) promoters Kapil Wadhawan and Dheeraj Wadhawan in connection with the money laundering case registered against them by the Enforcement Directorate (ED) in the Yes Bank loan fraud.

A single-judge bench of Justice Milind Jadhav granted bail primarily on the grounds of their prolonged pre-trial incarceration. The court noted that the Wadhawan brothers had been in custody since May 14, 2020-nearly four years and nine months-far exceeding half of the maximum sentence of seven years that could be imposed upon conviction.

"Considering the present status of the trial and no possibility of it being concluded in the foreseeable futur...