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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