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State Bank of India (SBI) is classifying the loan account of bankrupt Reliance Communications as fraudulent, citing alleged diversion of funds in a case dating back to 2016, the telecoms company said.
State Bank of India (SBI) is classifying the loan account of insolvent Reliance Communications as fraudulent, citing alleged ...
State Bank of India's forensic audit cites fund diversion and loan violations; Reliance Communications says it is protected ...
SBI classifies Reliance Communications loan as fraud, reports Anil Ambani to RBI, amid fund misuse allegations.
As per the RBI guidelines, after a bank classifies an account as ‘fraud’, the lender should then report the fraud to RBI ...
The beleaguered telecom operator informed the exchanges on Tuesday that SBI had decided to classify the company's loan ...
SBI has decided to report the loan account of the company as 'fraud' and report the name of Anil Ambani (erstwhile director of the company) to the RBI, as per the extant RBI guidelines, it said.
SBI personal loan interest rates in July 2025 range from 10.30% to 15.30% annually, with charges varying by scheme, borrower profile, and employment type. Processing fees and EMI details included.
Over the years, public sector banks (PSBs) appear to show little or no real interest in recovering bad loans that have been ...
SBI has tagged Reliance Communications' account as fraud and named Anil Ambani to the RBI, citing irregularities in loan ...
State Bank of India has decided to classify the loan account of beleaguered telecom firm Reliance Communications as “fraud” ...