Chief Judicial Magistrate 14 of Fast Track Court in Vaishali Sanjay Kumar granted bail to Singh in the case filed in 2012.
BJP district leader Ajit Kumar, dealing in Ramdev's 'Patanjali' products, had registered the complaint against Singh for making alleged derogatory remarks against the yoga guru.
The Congress General Secretary was present in the court today.
After hearing both sides, the court granted bail to Singh on condition of two sureties of Rs 5,000 each.
He told reporters that the CBI was conducting probe against him in several cases.
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