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August 27, 2025 IST 11:25:31

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1 month ago

Duration: 0h 3m 59s

SBI slams Anil Ambani. says RCom loan account is 'fraud'

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 Reserve Bank of India (RBI), according to a regulatory filing. Reliance Communications in a regulatory filing said that it has received a letter dated June 23, 2025 from the State Bank of India (SBI) to this effect.

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