SBI cites fund diversion and audit red flags as it reclassifies RCom loan as fraud under RBI’s updated risk framework ...

NEW DELHI (IANS)- The State Bank of India (SBI) has decided to report Reliance Communications’ loan account as “fraud”, a ...

Anil Ambani, the ex-Director of the now-defunct Reliance Communications Ltd, finds himself in yet more trouble after the ...

SBI has tagged Reliance Communications' account as fraud and named Anil Ambani to the RBI, citing irregularities in loan ...

The beleaguered telecom operator informed the exchanges on Tuesday that SBI had decided to classify the company's loan ...

The State Bank of India (SBI) has decided to report the loan account of Reliance Communications as "fraud" in a case dating ...

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

SBI has classified Reliance Communications' loan account as fraudulent, implicating former director Anil Ambani and planning ...

State Bank of India (SBI) has decided to classify the loan account of Reliance Communications as "fraud" and report the name ...

State Bank of India (SBI) has classified the loan account of Reliance Communications as “fraud” and is planning to report ...

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

Anil Ambani’s counsel’s have written a letter to the stock exchange outlining several alleged lapses in due process by SBI.