SBI to report RCom loan account as ‘fraud’
The state-run bank has cited diversion of funds by the company and its former director Anil Ambani to related parties.
2 July, 2025•3 min
0
2 July, 2025•3 min
0
Getting your Trinity Audio player ready...
More in Business
Business
Jane Street continues to refrain from trading in India
While the US high-frequency trading giant was allowed to resume trading by SEBI after it deposited about Rs 4,844 crore last year, its counsel has argued that the firm still does not know what it can or cannot do in terms of trading in the Indian market.
You may also like
Business
Adani circles nuclear power as India rethinks the rules
As India prepares to throw open its nuclear sector to private players, the conglomerate is taking position. But the technology, economics and risks look far tougher than anything it has scaled so far.
Business
SBI Mutual Fund gains at the cost of its parent
India’s largest lender is going out of its way to grow its mutual fund business at the cost of shareholders, raising questions of corporate governance.
Business
Anil Ambani owes his gravy train ride to apathy, leniency
Multiple institutions have failed in their duty to pursue the litany of cases against Ambani and his companies. This has facilitated a comeback that should never have been