The matter relates to SBI's move to classify the RCom account as fraud and report Ambani to the RBI raises concerns around procedural fairness and regulatory consistency. The action was taken through ...

State Bank of India has decided to classify the loan account of beleaguered telecom firm Reliance Communications as 'fraud' and to report the name of its erstwhile director -- Anil Ambani to the ...

SBI has decided to report the loan account of the company as 'fraud' and to report the name of Anil Ambani (erstwhile director of the company) to the RBI, as per the extant RBI guidelines, it said.

The beleaguered telecom operator informed the exchanges on Tuesday that SBI had decided to classify the company's loan account as “fraud” and to report the name of its former director—Anil ...

The loan was diverted to an RCom group firm Reliance Communications Infrastructure (RCIL) as an inter-corporate deposit and was later claimed to repay an external commercial borrowing loan.

The State Bank of India (SBI) has decided to report the loan account of Reliance Communications as "fraud" in a case dating back to August 2015, the company said in an exchange filing.

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.

MUMBAI (Reuters) -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 ...

Industrialist Anil Ambani's lawyers have written to State Bank of India protesting against classification of loan accounts of bankrupt Reliance Communications as fraudulent, saying the move violated ...

Canara Bank has withdrawn its fraud classification against Anil Ambani’s loan account after initially declaring Reliance Communications ‘fraudulent’ over alleged misuse of funds. The bank ...

Anil Ambani (File) Industrialist Anil Ambani’s legal team has written to the State Bank of India, objecting to the classification of Reliance Communications’ loan accounts as fraudulent.