Bank of India has declared Reliance Communications' (RCom) loan account as fraudulent and named former director Anil Ambani, citing alleged fund diversion in 2016, according to a regulatory filing.

Anil Ambani Denies Allegations After CBI Raids Over SBI Bank Fraud Case. CBI conducted searches at Anil Ambani’s residence in ...

The CBI searched the Mumbai residence of Reliance Communication Ltd. (RCOM) Director Anil Ambani on Saturday after recently ...

Reliance Infrastructure Limited (RInfra) has released a statement addressing recent media reports concerning the CBI’s ...

Days after SBI declared Reliance Communications' accounts as fraud', the Bank of India (BOI) has also classified the loan accounts of the company, its promoter Anil Ambani, and Reliance Telecom as ...

Bank of India declares RCom, Anil Ambani, and Reliance Telecom loan accounts fraudulent, alleging fund diversion. CBI ...

Bank of India classifies Reliance Communications' loan as fraudulent, alleging fund diversion by Anil Ambani in 2016.

After the State Bank of India, Bank of India has classified the loan account of insolvent Reliance Communications as ...

A spokesperson for Anil Ambani said he “strongly denied all allegations and charges” and that he “will duly defend himself”.

Bank of India has classified the loan account of Reliance Communications and its former director, Anil Ambani, as fraudulent following alleged fund misappropriation in 2016.