Public sector banks appeal against stay on fraud classification proceedings against Anil Ambani
Industrialist Anil Ambani. File | Photo Credit: PTI Three public sector banks on Monday (January 12, 2026) filed an appeal against the stay on proceedings initiated against industrialist Anil Ambani and Reliance Communications Ltd classifying their bank accounts as fraud. The banks challenged a single Bench order passed in December 2025 granting interim relief to…