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Business

SBI Declares Anil Ambani and RCom Loan as Fraudulent

By BPN News Desk
The State Bank of India (SBI) has officially classified the loan account of Reliance Communications (RCom) and its promoter Anil Ambani as fraudulent. The decision, made on June 13, 2025, was in accordance with the Reserve Bank of India’s master directions on fraud risk and SBI’s internal policies. This classification was formally disclosed to the […]

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