Srinagar, March 6 -- Court of Chief Judicial Magistrate, in Shopian rejected bail of five HDFC Bank officials who were arrested by the Economic Offences Wing (EOW) Kashmir of Crime Branch J&K in large-scale financial fraud case, officials said on Friday.

The EoW had arrested five HDFC officials in connection with the case registered last year and are currently lodged in judicial custody at Central Jail Srinagar.

The accused identified as Adil Ayoub Ganai a resident of Memendar Shopian presently residing at Hamza Colony Baghat-e-Kanipora Nowgam; Irfan Majeed Zargar of Sheikh Mohalla Bonigam Shopian; Mubashir Hussain Sheikh of Karena Kulgam; Zaid Manzoor of Dagerpora Khannabal Anantnag; and Javaid Ahmad Bhat of Below Rajpora Pulwama had app...