Bombay High Court dismisses Anil Ambani’s petition against SBI’s fraud classification of Reliance Communications

Bombay High Court dismisses Anil Ambani’s petition against SBI’s fraud classification of Reliance Communications

Industrialist Anil Ambani. File | Photo Credit: PTI The Bombay High Court has dismissed a petition by industrialist Anil D. Ambani challenging State Bank of India’s decision to classify Reliance Communications Ltd. (RCOM) as a ‘fraud’ account and report his name to the Reserve Bank of India (RBI).  A Division Bench of Justices Revati Mohite […]

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Bombay HC dismisses Anil Ambani’s plea against SBI classification of his account as fraud

Bombay HC dismisses Anil Ambani’s plea against SBI classification of his account as fraud

  The CBI said it had registered a complaint after the State Bank of India claimed a loss of ₹2,929.05 crore resulting from alleged misappropriation by Reliance Communications and Anil Ambani. File. | Photo Credit: PTI The Bombay High Court on Friday (October 3, 2025) dismissed a petition filed by industrialist Anil Ambani challenging the State Bank […]

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