Скачать или смотреть SBI Calls RCom Loan a Fraud!

SBI has said that Reliance Communications (RCom) took loans but used the money for the wrong reasons.

Out of ₹31,580 crore in loans, ₹12,692 crore went to related companies, and ₹6,265 crore was used to pay other bank loans, which was not allowed.
Because of this, SBI marked the loan as fraud and reported Anil Ambani’s name to RBI on June 23, 2025.

This can lead to a 5-year bank loan ban for him, and maybe criminal action too.

RCom is under insolvency, so legal action is paused for now until the court decides.

Anil Ambani’s team says he didn’t get a fair chance to speak and that he wasn’t running the company at that time.

More updates will come soon, stay tuned.

#SBI #RCom #AnilAmbani #LoanFraud #BankingNews #IndiaNews #CorporateUpdate #FraudAlert #RBI #Insolvency

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‪@DesveladoResearch‬