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SBI has classified Reliance Communications' loan account as fraudulent, implicating former director Anil Ambani and planning ...
Anil Ambani’s counsel’s have written a letter to the stock exchange outlining several alleged lapses in due process by SBI.
Last year, state-run Canara Bank also tagged the RCom loan account as ‘fraud,’ a decision that the Bombay high court stayed.
The beleaguered telecom operator informed the exchanges on Tuesday that SBI had decided to classify the company's loan ...
SBI cites fund diversion and audit red flags as it reclassifies RCom loan as fraud under RBI’s updated risk framework ...
State Bank of India (SBI) has decided to classify the loan account of telecom firm Reliance Communications as fraud and to ...
SBI has tagged Reliance Communications' account as fraud and named Anil Ambani to the RBI, citing irregularities in loan ...
Anil Ambani, the ex-Director of the now-defunct Reliance Communications Ltd, finds himself in yet more trouble after the ...
In a shocking display of overreach, the State Bank of India (SBI) has branded Anil Ambani, the beleaguered former tycoon of ...
Reliance Infrastructure and Reliance Power on Thursday said SBIs classification of Reliance Communications loan account as ...
The statement claims that Ambani repeatedly requested copies of all documents from the State Bank upon receiving the show ...
Reliance Communication says it’s protected from the institution or continuation of any suits or proceedings during the CIRP ...