SBI Classifies Reliance Communications, Promoter Anil Ambani As "Fraud"

Tuesday, 22 July 2025Newsdesk
SBI Classifies Reliance Communications, Promoter Anil Ambani As "Fraud"
Further, on July 1, 2025, as part of disclosure compliance, Resolution Professional of RCom informed the Bombay Stock Exchange regarding fraud classification by the bank.

New Delhi 22 July 2025

As per news report of NDTV,State Bank of India has classified Reliance Communications along with promoter director Anil D Ambani as 'fraud' and is also in the process of lodging complaint with CBI, Parliament was informed on Monday.

Source - NDTV

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