Mumbai: The Central Bureau of Investigation (CBI) has registered an FIR against Reliance Communications Ltd (RCOM), its director Anil D. Ambani, and others following a complaint by the State Bank of India (SBI) over an alleged loan fraud of ₹2,929.05 crore. According to the FIR, RCOM engaged in inter-company loan transactions amounting to ₹2,219 crore,...
Mumbai: The Central Bureau of Investigation (CBI) is carrying out searches at premises linked to industrialist Anil Ambani in connection with an alleged ₹2,000 crore bank fraud case, officials confirmed on Saturday. The agency stated that the raids followed the registration of a formal case but did not provide further details. The development comes amid...