Anil Ambani & State Bank of India
10 shared events · Importance 3 · Last updated Jun 02, 2026
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Regulatory
Anil Ambani: Anil Ambani>>> is named in the FIR as allegedly causing a loss of Rs 2,929.05 crore to State Bank of India>>> and is associated with the Reliance Group>>> companies under investigation.
State Bank of India: State Bank of India>>> is the complainant in the case, alleging a loss of Rs 2,929.05 crore, and was the lead bank in the consortium that sanctioned rupee term loans to Reliance Communications>>>. Ten of its officials are among the accused.
May 29, 2026 · 18 articles
Regulatory
Anil Ambani: Anil Ambani faces personal insolvency resolution proceedings initiated by the State Bank of India due to his role as a personal guarantor for loans extended to Reliance Communications and Reliance Communications — Reliance Infratel.
State Bank of India: The State Bank of India is one of the consortium banks that extended credit facilities to Reliance Communications and initiated insolvency proceedings against Anil Ambani as a personal guarantor, indicating its role as a victim of the alleged loan fraud.
Jun 12, 2026 · 22 articles
Regulatory
Anil Ambani: As former chairman, Anil Ambani is named in the FIR and denies wrongdoing. The case could affect his reputation and legal standing.
State Bank of India: The RBI superseded RCL's board in November 2021, which is relevant context but not directly involved in this FIR.
Aug 01, 2026 · 23 articles
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