State Bank of India (SBI) is classifying the loan account of insolvent Reliance Communications as fraudulent, citing alleged ...

SBI cites fund diversion and audit red flags as it reclassifies RCom loan as fraud under RBI’s updated risk framework ...

SBI classifies Reliance Communications loan as fraud, reports Anil Ambani to RBI, amid fund misuse allegations.

Last year, state-run Canara Bank also tagged the RCom loan account as ‘fraud,’ a decision that the Bombay high court stayed.

State Bank of India (SBI) is classifying the loan account of bankrupt Reliance Communications as fraudulent, citing alleged diversion of funds in a case dating back to 2016, the telecoms company said.

India's Reliance Communications said late on Tuesday that State Bank of India has decided to report its loan account as ...

In a major setback for Reliance Group chairman Anil D. Ambani, the State Bank of India (SBI) has decided to go after him by ...

Read more about SBI to classify RCom loan account as "fraud", name Anil Ambani in report to RBI on Devdiscourse ...

Reliance Infrastructure and Reliance Power state that SBI's classification of Reliance Communications' loan account as fraud ...

NEW DELHI (IANS)- The State Bank of India (SBI) has decided to report Reliance Communications’ loan account as “fraud”, a ...

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 to report the name of Anil Ambani (erstwhile director of the company) to the RBI, as per the extant RBI guidelines, it said.