Judges cite violations of mandatory RBI rules, say move was based on legally flawed forensic audit, berate banks for late action
25 December,2025 07:44 AM IST | Mumbai | Agencies
The action follows a complaint filed by the Bank of Maharashtra, which alleged criminal conspiracy, cheating, and misconduct that resulted in a wrongful loss to the bank
09 December,2025 05:48 PM IST | Mumbai | Anish Patil
The case stems from a complaint filed by Union Bank of India (formerly Andhra Bank) against Reliance Home Finance Ltd., then director Jai Anmol Ambani, and former CEO Ravindra Sharad Sudhakar, alleging that the company failed to repay credit facilities
09 December,2025 04:39 PM IST | Mumbai | Anish Patil
The Enforcement Directorate has filed a chargesheet against Reliance Power Ltd and 10 others in a Rs 68 crore fake bank guarantee case linked to a SECI tender. The ED alleges Reliance officials used fraudulent endorsements and spoofed emails, while the group claims it is a victim of fraud. Several accused remain in custody
06 December,2025 04:01 PM IST | New Delhi | mid-day online correspondentADVERTISEMENT
