Mumbai, Jan 3 :    Mumbai, Jan 3:  The Supreme Court today directed ANZ Banking group to deposit Rs 1522 crore (Rs 912 crore along with interest) with National Housing Bank (NHB) in a case that harks back to the 1992 securities scam. In a interim order passed today, the apex court said the Australian group will have to deposit this amount with NHB till such time as the court disposes of the case by April. It may be recalled that ANZ Banking group sold its Indian operations to Standard Chartered last year. Reports earlier said the Reserve Bank of India would demand a 'comfort letter' from Standard Chartered to honour Grindlays' potential liabilities in the long-running case, and that ANZ was not willing to commit on its liability. However, a Standard Chartered official told this paper that his bank has nothing to do with the matter. 'ANZ Banking group is liable to pay'. Under the sale agreement, it is said ANZ had promised to provide Standard Chartered with indemnities on credit and litigation matters. In 1992, ANZ Grindlays received a claim in the wake of a share-trading scam of about Rs 700 crore from the National Housing Bank, after the proceeds of nine cheques drawn by NHB were credited to one of Grindlays' customers. In 1997, arbitrators to the dispute made a Rs 900 crore award of principal and interest to ANZ. The special court of Justice S.N. Variava set aside the arbitration panel's award providing for the payment of over Rs. 900 crore by the NHB to ANZ Grindlays Bank in a dispute relating to the 1992 securities scam. Setting aside the decision of the arbitration panel's award, Justice Variava said it was based on wrong principles of law. He said the burden of proof in this case rests on ANZ Grindlays and not on NHB. The practice of depositing cheques in a third party account (in this case Harshad Mehta) by ANZ Grindlays was not in good faith. ANZ Grindlays was given 30 days' time to file an appeal against the order in the Supreme Court. According to the ruling, ANZ Grindlays will have to pay the relevant amount only after the final verdict of the Supreme Court.