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CBI books Anil Ambani's son in fraud case
Financial Express Bengaluru
|December 10, 2025
THE CBI CONDUCTED searches at the residence of Jai Anmol Anil Ambani, the son of industrialist Anil Ambani, on Tuesday after registering an FIR against him and Reliance Home Finance (RHFL) for allegedly cheating the Union Bank of India of ₹228 crore, officials said.
The CBI acted on a complaint from the bank (erstwhile Andhra Bank) against Reliance Home Finance, the then director Jai Anmol and ex-CEO Ravindra Sharad Sudhakar, alleging that the company did not repay the credit availed from the bank that turned the account into a nonperforming asset in 2019, they said.
Queries for reaction from the Ambanis' spokesperson went unanswered.
This story is from the December 10, 2025 edition of Financial Express Bengaluru.
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