Thanks, I have said before this could be the case regarding Repco Bank. The size of loans are so small that it is difficult to make a scam in RHFL. Now there is a difficult part. It seems that the current management made a concession to the borrower for the full payment perhaps due to fear of turning this account into an NPA and could be part of the settlement. If you use discretion, you will be called corrupt and if you allow the loan to remain NPA and follow full procedure like an ideal govt. employee, you will be called inefficient/bureaucratic.
I think even if this was a deliberate move on the part of erstwhile management, it should have no bearing on RHFL apart from sentimental reactions. Those who know how CBI works will tell you that this case is about getting their pound of flesh due to alleged illegality. Listed companies absolutely fear loss of reputation and that is what being threatened here.