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Ambani contests SBI's RCom fraud tag
Mint Hyderabad
|July 03, 2025
In a letter through his counsel, Ambani said SBI's order was passed ex parte, disregarding SC rulings
Anil Ambani on Wednesday claimed that State Bank of India (SBI) slapped 'fraud' tag on the loan account of the bankrupt Reliance Communications Ltd (RCom), which is currently undergoing liquidation, without providing a basis for its decision or giving him a personal hearing.
This story is from the July 03, 2025 edition of Mint Hyderabad.
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