Authority: High Court of Orissa, Cuttack
Order Date: 25-Jun-2026
Case Overview
- Petitioner: Gayatri Jena, former Branch Manager (Jayadev Vihar Branch) of State Bank of India.
- Opposite Party: State of Orissa (Enforcement Officer Wing – EOW).
- Allegations: Sanctioning of 92 Xpress Credit Personal Loans totaling Rs 4,10,53,400 under the Corporation Salary Package (CSP) Scheme by using fake and fabricated documents.
- Relevant case numbers: CID Crime Branch EOW Bhubaneswar PS Case No.05 of 2025; CT Case No.05 of 2025 pending before the Designated Court under OPID Act‑cum‑Addl. Sessions Judge, Cuttack.
- Co‑accused (Sarita Paikray, M. Dibyashree Jyotiranjan, Smrutiranjan Sethy, Debasish Behera, Niranjan Behera) have already been granted bail in related proceedings (BLAPL No. 7834 of 2025, BLAPL No. 8952 of 2025, BLAPL No. 8978 of 2025, SLP(Crl) No. 10601 of 2025, Criminal Appeal No. 4363 of 2025, SLP (Crl) No. 10705 of 2025).
- The petitioner has been in custody since 04‑Feb‑2026 and has been suspended from SBI service.
- The Court noted that the allegations are based on documentary evidence, there is minimal risk of the petitioner absconding or tampering with evidence, and appropriate conditions can mitigate any flight risk.
Final Outcome
- The bail application under Section 483 of the BNSS Act is allowed.
- Bail bond: Rs 5,00,000 (Five Lakhs) with two solvent sureties each for the same amount, to be furnished to the Court.
- Conditions imposed:
(i) The petitioner shall not commit a similar type of offence while on bail.
(ii) The petitioner must attend every trial date unless dispensed with; failure without sufficient cause may lead to prosecution under Section 269 of BNSS, 2023.
(iii) The petitioner must surrender her passport, if any, or swear an affidavit confirming non‑possession; if already surrendered or seized, she must furnish proof via affidavit.
- The order disposes of the bail application; a certified copy is to be issued and communicated to the concerned court and jail.
Topics: Bail, Banking Fraud