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Delhi Hc Asked Sbi To Maintain Status Quo On Accounts Of Anil Ambani Firms Rcom Reliance Telecom - न्यायालय ने Sbi को दिया अनिल अंबानी की कंपनियों के खातों पर यथास्थिति बनाए रखने का आदेश

Delhi Hc Asked Sbi To Maintain Status Quo On Accounts Of Anil Ambani Firms Rcom Reliance Telecom - न्यायालय ने Sbi को दिया अनिल अंबानी की कंपनियों के खातों पर यथास्थिति बनाए रखने का आदेश
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Three Anil Ambani Companies Flagged Fraudulent By Banks, Rs 86,188 Crore At Stake: Report

December 30, 2020
“Sure, the balloon has burst. But who was pumping gas in the balloon? Indian bankers are as responsible as Mr Ambani,” says HW News’ Business Editor Akhilesh Bhargava over the developments.
According to the report by the Business Insider, problems for fallen billionaire Anil Ambani do not seem to be ending soon as in the middle of Reliance Communications’ bankruptcy resolution process, three Indian banks are classifying the company’s accounts and the accounts of its units as fraudulent.
Anil Ambani, who had told a UK court that his “net worth was zero” and he was bankrupt, now finds himself under the scanner of the State Bank of India (SBI), Union Bank of India (UBI) and the Indian Overseas Bank (IOB), who are not willing to buy his story. ....

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Three Anil Ambani companies have reportedly been accused of fraud by banks⁠ — the amount at stake is nearly ten times more than what Mallya owed

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Three Anil Ambani companies have reportedly been accused of fraud by banks⁠ the amount at stake is nearly ten times more than what Mallya owed
Three Anil Ambani companies have reportedly been accused of fraud by banks⁠ the amount at stake is nearly ten times more than what Mallya owed
Prabhjote GillDec 31, 2020, 12:14 IST
Anil AmbaniBCCL
The accounts of three Anil Ambani-led Reliance Group entities have reportedly been flagged as fraudulent by three banks, including India’s largest lender, the State Bank of India (SBI).
Reliance Communications, Reliance Infratel, and Reliance Telecom owe lenders ₹86,188 crore.
This is ten times more than the debt garnered by former billionaires Vijay Mallya and Nirav Modi. ....

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