SBI classifies Reliance Communications loan as ‘fraud’, reports Anil Ambani to RBI
The State Bank of India (SBI) has decided to classify the loan account of beleaguered telecom firm Reliance Communications as “fraud” and to report the name of its erstwhile director — Anil Ambani — to the Reserve Bank of India (RBI). The move is expected to be followed by other lenders who have given loans […]
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