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SBI to name Anil Ambani in report to RBI; tag RCom loan account as 'fraud'
Delhi 03 July 2025
|Millennium Post Delhi
MOVE VIOLATES RBI GUIDELINES, COURT DIRECTIONS: RCOM'S LAWYERS
NEW DELHI: State Bank of India (SBI) has decided to classify the loan account of beleaguered telecom firm Reliance Communications as "fraud" and report the name of its erstwhile director Anil Ambani to the Reserve Bank of India (RBI).
The move is expected to be followed by other lenders who have given loans to Reliance Communications Ltd (RCom).
Reliance Communications, in a regulatory filing, said it has received a letter dated June 23, 2025, from State Bank of India (SBI) to this effect.
SBI has decided to report the loan account of the company as 'fraud' and report the name of Anil Ambani (erstwhile director of the company) to the RBI, as per the extant RBI guidelines, it said.
هذه القصة من طبعة Delhi 03 July 2025 من Millennium Post Delhi.
اشترك في Magzter GOLD للوصول إلى آلاف القصص المتميزة المنسقة، وأكثر من 9000 مجلة وصحيفة.
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