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The shares of Reliance Infrastructure and Reliance Power witnessed a downtrend in trade on Thursday after the SBI deemed the ...
State Bank of India (SBI) is classifying the loan account of insolvent Reliance Communications as fraudulent, citing alleged ...
State Bank of India has declared Reliance Communications’ Rs 31,580 crore loan account as “fraud” and named Anil Ambani in ...
SBI classifies Reliance Communications loan as fraud, reports Anil Ambani to RBI, amid fund misuse allegations.
In this article, we explore the latest twist in the ongoing saga of Reliance Communications—once a telecom giant, now mired ...
India's Reliance Communications said late on Tuesday that State Bank of India has decided to report its loan account as ...
State Bank of India has decided to classify Reliance Communications' loan account as ‘fraud’ and is looking to report the ...
The State Bank of India (SBI) has decided to report the loan account of Reliance Communications as ‘fraud’ in a case that ...
Last year, state-run Canara Bank also tagged the RCom loan account as ‘fraud,’ a decision that the Bombay high court stayed.
The bank said it gave Anil Ambani and the company several chances in the past two years to respond to the allegations, but ...
SBI has tagged Reliance Communications' account as fraud and named Anil Ambani to the RBI, citing irregularities in loan ...
SBI has decided to report the loan account of the company as 'fraud' and report the name of Anil Ambani (erstwhile director of the company) to the RBI, as per the extant RBI guidelines, it said.