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HC upholds SBI's fraud tag on Anil Ambani, RCom accounts
Mint Hyderabad
|October 08, 2025
The Bombay High Court while upholding an order of the State Bank of India (SBI) classifying the accounts of industrialist Anil Ambani and Reliance Communications as fraud has said it was a reasoned order, and did not have any legal flaw.
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A bench of Justices Revati Mohite Dere and Neela Gokhale on 3 October dismissed a petition filed by Ambani, challenging the SBI order. The judgment, a copy of which was made available on Tuesday, said there was n
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