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Over the years, public sector banks (PSBs) appear to show little or no real interest in recovering bad loans that have been ...
State Bank of India (SBI) is classifying the loan account of insolvent Reliance Communications as fraudulent, citing alleged ...
SBI classifies Reliance Communications loan as fraud, reports Anil Ambani to RBI, amid fund misuse allegations.
As per the RBI guidelines, after a bank classifies an account as ‘fraud’, the lender should then report the fraud to RBI ...
SBI has classified Reliance Communications' loan account as fraudulent, implicating former director Anil Ambani and planning ...
India's Reliance Communications said late on Tuesday that State Bank of India has decided to report its loan account as ...
In this article, we explore the latest twist in the ongoing saga of Reliance Communications—once a telecom giant, now mired ...
RCom: The loans referred to in SBI’s letter dated June 23 pertain to the pre-CIRP period and, under the IBC, must be ...
The beleaguered telecom operator informed the exchanges on Tuesday that SBI had decided to classify the company's loan ...
Last year, state-run Canara Bank also tagged the RCom loan account as ‘fraud,’ a decision that the Bombay high court stayed.
NEW DELHI (IANS)- The State Bank of India (SBI) has decided to report Reliance Communications’ loan account as “fraud”, a ...
State Bank of India has decided to classify the loan account of beleaguered telecom firm Reliance Communications as “fraud” ...