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Tag: Bank of India classifies Reliance Communications loan account as fraudulent

After SBI, Bank of India tags Reliance Communications, Anil Ambani as ‘fraud’

Posted on August 24, 2025 By admin
After SBI, Bank of India tags Reliance Communications, Anil Ambani as ‘fraud’

File photo of Anil Ambani. | Photo Credit: PTI After the State Bank of India, Bank of India has classified the loan account of insolvent Reliance Communications as fraudulent and named its former director, tycoon Anil Ambani, citing alleged fund diversion in 2016, according to a regulatory filing. State-owned Bank of India granted a ₹700…

Read More “After SBI, Bank of India tags Reliance Communications, Anil Ambani as ‘fraud’” »

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