State Bank of India (SBI) is classifying the loan account of insolvent Reliance Communications as fraudulent, citing alleged ...

Reliance Communications, once a telecom giant, faced a steep decline due to debt and competition. State Bank of India has now ...

Reliance Infrastructure and Reliance Power said that both companies are separate and independent listed companies and have no ...

After taking cognisance of Reliance Communications' response, SBI concluded the company could not explain non-adherence to ...

Reliance Infrastructure and Reliance Power -- issued a clarification to the exchanges that the action by the State Bank of ...

SBI classifies Reliance Communications loan as fraud, reports Anil Ambani to RBI, amid fund misuse allegations.

State Bank of India has decided to classify Reliance Communications' loan account as ‘fraud’ and is looking to report the ...

Canara Bank withdraws fraud classification on Reliance Communications loan account, Anil Ambani plans to challenge SBI order.

MUMBAI: The nation’s largest bank State Bank of India (SBI) has decided to classify the loan account of the beleaguered ...

Last year, state-run Canara Bank also tagged the RCom loan account as ‘fraud,’ a decision that the Bombay high court stayed.

The State Bank of India alleged that Reliance Communications’ management and promoters carried out various transactions ...

The bank said it gave Anil Ambani and the company several chances in the past two years to respond to the allegations, but ...