State Bank of India has decided to classify Reliance Communications' loan account as ‘fraud’ and is looking to report the ...

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

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

SBI flags RCom loan account as fraud after audit reveals ₹31,000 cr loan misuse, fictitious accounts, and fund diversion via ...

SBI has classified Reliance Communications' loan account as fraud, citing diversion of funds and misuse of invoices. Anil Ambani's legal team expressed shock, claiming procedural lapses and incomplete ...

SEBI has barred US-based Jane Street Group from participating in the Indian stock market and ordered it to disgorge unlawful ...

State Bank of India (SBI) has decided to classify the loan account of Reliance Communications Ltd (RCom) as ‘fraud’ and ...

The bank said it gave Anil Ambani and the company several chances in the past two years to respond to the allegations, but ...

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

According to regulatory filing, Rcomm got Rs 31,580 cr in bank loans, but a Fraud Committee of the bank found misuse ...

Mumbai: Observing that the Enforcement Directorate (ED) collected sufficient material to prima facie conclude that the applicant was actively involved.

State Bank of India has decided to report the loan account of Reliance Communications Ltd (RCOM) as “fraud” and to report the ...