State Bank of India (SBI) is classifying the loan account of insolvent Reliance Communications as fraudulent, citing alleged diversion of funds in a case dating back to 2016. The disclosure was made b ...

If you also have an account in the State Bank of India or Kotak Mahindra Bank, then today's news is especially for you. Both banks are going to temporarily close some of their digital banking services ...

As per the RBI guidelines, after a bank classifies an account as ‘fraud’, the lender should then report the fraud to RBI ...

The matter relates to SBI's move to classify the RCom account as fraud and report Ambani to the RBI raises concerns around ...

In a major setback for Reliance Group chairman Anil D. Ambani, the State Bank of India (SBI) has decided to go after him by ...

The beleaguered telecom operator informed the exchanges on Tuesday that SBI had decided to classify the company's loan ...

Reliance Communication says it’s protected from the institution or continuation of any suits or proceedings during the CIRP ...

SBI has decided to report the loan account of the company as 'fraud' and to report the name of Anil Ambani (erstwhile director of the company) to the RBI, as per the extant RBI guidelines, it said.

State Bank of India (SBI) confirmed on Friday it had reported fraud totalling 79.51 billion rupees ($1.12 billion) during the first nine months of this financial year.

Although a relatively small amount, it marks the first time cryptocurrency has been added to APLUS’s prize catalog, which ...

Banks in Dehradun, Uttarakhand and Himachal Pradesh are closed today, on July 16 (Wednesday), for Harela festival ...

State Bank of India 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 ...