Rs 2,929 crore loan fraud: After SBI, Bank of India tags Anil Ambani and RCom accounts as fraud; violation of terms cited

NEW DELHI: Bank of India classified the loan account of debt-ridden Reliance Communications (RCom) as fraudulent and also named its former director Anil Ambani, citing alleged diversion of funds in 2016, according to a regulatory filing.The move comes after State Bank of India (SBI) took […]