Page 3 - Anil Ambani

CBI books Anil Ambani's RCom for ₹2,000 cr bank fraud, searches premises

The CBI has filed a case against Reliance Communications and searched its premises on Saturday in connection with an alleged bank fraud that caused a loss of over Rs 2,000 crore to the State Bank of India, officials said. The agency is conducting searches at the premises linked to RCOM and its Promoter Director Anil Ambani, they said. The entities were classified as fraud on June 13 in accordance with the RBI's Master Directions on Fraud Risk Management and Bank's Board-approved Policy on Classification, Reporting & Management of Frauds, Minister of State for Finance Pankaj Chaudhary had said in a written reply in the Lok Sabha last month. "On June 24, 2025, the bank reported classification of fraud to RBI, and is also in the process of lodging complaint with CBI," he had said. More details are awaited.

Sebi rejects Anil Ambani's settlement plea over Yes Bank investments

According to the documents reviewed by Reuters, the investment was made in exchange for loans from Yes Bank to other group companies

ED to widen alleged Rs 17,000 crore bank-fraud investigation probe

The agency is also likely to call for questioning former senior officials of Canara Bank and Bank of Baroda

Datanomics: Bank fraud accounts for 30% of cases investigated by ED

The number of fraud cases investigated by the ED has been steadily increasing, over a decade till 2024

₹17K cr loan fraud case: ED likely to summon Anil Ambani again in 10 days

The Enforcement Directorate may summon Anil Ambani again in the Rs 17,000-crore loan fraud case after he sought 10 days to gather documents and clarify financial decisions

Anil Ambani appears before ED in PMLA case linked to alleged loan fraud

Anil Ambani arrives in Delhi after ED summons him in a case linked to alleged loan fraud; agency to record his statement on Tuesday under the Prevention of Money Laundering Act

ED probe into Anil Ambani linked companies: What turns bad loan into fraud

As the Enforcement Directorate acts on a ₹3,000 crore loan case linked to Anil Ambani's group, here's how Indian law defines loan fraud and when defaults turn into criminal cases

ED makes first arrest in ₹3,000-crore loan fraud case against Anil Ambani

Partha Sarathi Biswal, was taken into custody under the provisions of the PMLA 2002

₹3K crore 'fraud' case: ED issues lookout notice against Anil Ambani

The Enforcement Directorate has issued a lookout notice against Anil Ambani in connection with a money laundering case, preventing him from leaving India without prior approval

Prajwal Revanna convicted, Vice-Presidential election, Anil Ambani, Trump tariffs & more top

A Special Court in Bengaluru convicted former MP and suspended Janata Dal (Secular) leader Prajwal Revanna in one of four rape and sexual abuse cases filed against him. The quantum of punishment

R-Infra denies fund diversion allegations as ED summons Anil Ambani

The company further stated that it had a net exposure of Rs 6,500 crore, which was duly disclosed in its financial statements over the past four years

ED summons Reliance Group Chairman Anil Ambani in bank loan fraud case

Anil Ambani has been summoned by the Enforcement Directorate on August 5 for questioning in a money laundering case tied to alleged fraud involving bank loans worth crores of rupees

ED summons Anil Ambani in ₹10,000 crore loan diversion probe after raids

Enforcement Directorate (ED) summons Reliance Group Chairman Anil Ambani over alleged ₹10,000 cr loan fraud; probe reveals fund diversion, shell firms, Yes Bank link

ED raids on Anil Ambani Group firms enter day 3 in loan fraud probe

Enforcement Directorate searches against the companies of Reliance Group chairman Anil Ambani in Mumbai continued for the third day on Saturday with the agency recovering a number of documents and computer peripherals from multiple locations, official sources said. The raids were launched on July 24 by the federal probe agency as part of an alleged Rs 3,000 crore worth bank loan fraud-linked money laundering case apart from multiple other allegations of financial irregularities with crores of rupees by certain companies. The searches, being conducted under the Prevention of Money Laundering Act (PMLA), are continuing at some locations out of the more than 35 premises that were covered in Mumbai since Thursday, the sources said. These premises belong to 50 companies and 25 people including a number of executives of the Anil Ambani Group companies. ED sources had said the investigation primarily pertains to allegations of illegal loan diversion of around Rs 3,000 crore, given by the

ED raids 35 premises, searches 50 companies linked to Anil Ambani

Probe relates to alleged illegal diversion of loans worth Rs 3,000 crore from Yes Bank

ED raids premises linked to Anil Ambani in Yes Bank loan fraud probe

The ED is currently examining over 50 companies and 25 individuals in connection to the alleged Yes Bank loan fraud case

SBI classifies RCom, Anil Ambani as 'fraud'; to lodge complaint with CBI

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. The entities were classified as fraud on June 13, 2025 in accordance with the RBI's Master Directions on Fraud Risk Management and Bank's Board-approved Policy on Classification, Reporting & Management of Frauds, Minister of State for Finance Pankaj Chaudhary said in a written reply in the Lok Sabha. "On June 24, 2025, the bank reported classification of fraud to RBI, and is also in the process of lodging complaint with CBI," he said. 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. The credit exposure of SBI in RCom includes, fund-based principal outstanding amount of Rs 2,227.64 crore along with the accrued interest and expenses with effect from August 26, .

Reliance Defence plans ₹10,000-cr aerospace push, eyes 2028 jet launch

Reliance Defence to invest ₹10,000 crore in aerospace over 10 years; aims to build India's first commercial aircraft by 2028 and expand Falcon jet assembly in Nagpur with Dassault

SC on Bihar Rolls, Hasina Indicted, Amazon Delhi Launch, Ambani Relief & More | Top #newsinamin

The Supreme Court on Thursday refused to halt the Special Intensive Revision of electoral rolls in Bihar but questioned its timing of being done just months ahead of Assembly elections.

Canara Bank drops 'fraud' label on Anil Ambani-linked RCom loan account

The case relates to a loan account linked with Ambani's firm Reliance Communications, which is undergoing insolvency proceedings