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

The bank has alleged diversion of funds and violation of loan terms. According to a company stock exchange filing, RCom ...

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

The combined market valuation of eight of the top-10 most valued firms jumped ₹1,72,148.89 crore last week, with Reliance ...

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.

Mcap of 8 of top-10 firms jumps Rs 1.72 lakh cr. Reliance Industries leads gains. HDFC Bank & SBI valuation declines.

India’s central investigative agency, the Central Bureau of Investigation (CBI), has registered a criminal case against ...

The State Bank of India (SBI) alleged Anil Ambani and his former telecoms firm Reliance Communications “misappropriated” bank ...

Banks are scheduled to remain closed on Monday, August 25, due to the festival; therefore, it is advisable for customers to ...