State Bank of India (SBI) is classifying the loan account of insolvent Reliance Communications as fraudulent, citing alleged diversion of funds in a case dating back to 2016. The disclosure was made b ...

With immediate effect, the NCLT discontinued Kothari’s services and appointed Prashant Jain as the new RP in the case.

The shares of Reliance Infrastructure and Reliance Power witnessed a downtrend in trade on Thursday after the SBI deemed the ...

Reliance Infrastructure and Reliance Power assert that SBI's classification of Reliance Communications' loan as fraud has no ...

Reliance Infrastructure and Reliance Power on Thursday said SBIs classification of Reliance Communications loan account as ...

In this article, we explore the latest twist in the ongoing saga of Reliance Communications—once a telecom giant, now mired in insolvency and fraud allegations.

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

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

Reliance Infrastructure and Reliance Power said that both companies are separate and independent listed companies and have no ...

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

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

SBI says it found Anil Ambani & company's replies on allegations of fraud in loans taken out in 2016 from Indian banks, ...