A special court has convicted two former bank officials for cheating, criminal breach of trust and misappropriation of public funds in the 1992 Harshad Mehta stock market scam after observing that the accused persons' acts can be termed as 'anti-national'.

Justice Roshan Dalvi, presiding over a special court set up to conduct trial of offences relating to Transactions in Securities Act on October 29 convicted M S Srinivasan, the then Chief Manager of Funds Management Cell (FMC) of the State Bank of Saurashtra (SBS) and R Sitaraman who was then bank officer in the securities division of State Bank of India (SBI).