A special CBI court in Mumbai on Saturday denied bail to the wife and two daughters of Yes Bank founder Rana Kapoor in a quid-pro-quo case involving private sector lender DHFL stating that they had, prima facie, caused loss of Rs 4,000 crore to the bank through illegal acts.

The court, which remanded them in 14-day judicial custody, said the three did not deserve sympathy for being women or the mother of small kids.

Kapoor's wife Bindu and daughters Radha Khanna and Roshini were named as accused in charge sheets filed by the probe agency in the case, and the court, after taking cognizance of the charge sheet, had summoned the trio.

The three appeared in court and filed for bail through their legal team comprising Vijay Agarwal and Rahul Agarwal, who argued that the charge sheet was filed without Bindu, Radha and Roshni being arrested, and, therefore, as per a Supreme Court judgement, they deserve to be granted bail.

Vijay Agarwal further argued that the court had already exercised the discretion of issuing summons to his clients, which clearly shows there is no need for their arrests.

However, Special Judge S U Wadgaonkar rejected their bail applications and sent them to judicial custody till September 23.

After the prosecution submitted that the jail superintendent wouldn't accept the custody of the accused without an RTPCR report, the court allowed the probe agency to keep the three in judicial custody till it was received.

The court observed that fact and circumstances presented before it as accusations against the accused prima facie show their complicity with other co-accused, more particularly Rana Kapoor, in the conspiracy.

The court said Kapoor and family had received "fraudulently and dishonestly" illegal amounts, pretending to be a corporate loan, by allowing wrongful loss to Yes Bank to the tune of Rs 4,000 crore.

The judge said several lakh depositors, shareholders of Yes Bank and DHFL were duped, due to which the banking credibility of the nation had received a serious setback.

"So the accused involved in grave offence affecting the economy of the country and who continue to reap the benefits of the crime committed by them do not deserve any indulgence and any sympathy for being women or the mother of small kids," the court said.

Prima facie evidence against the accused is forthcoming, and these factors are sufficient to reject their bail, the court said.

As per the Central Bureau of Investigation, Kapoor, who is in jail in a related case being probed by the Enforcement Directorate, entered into a criminal conspiracy with DHFL's Kapil Wadhawan.

The CBI has stated that between April and June, 2018, Yes Bank invested Rs 3,700 crore in short-term debentures of Dewan Housing Finance Corporation Ltd (DHFL).

In return, DHFL's Wadhawan allegedly "paid kickback of Rs 600 crore" to Kapoor in the form of loans to DoIT Urban Ventures, a firm controlled by Kapoor's wife and daughters.