Reliance Group & State Bank of India

Reliance Group: The Reliance Group is the broader corporate entity under which the alleged financial discrepancies occurred, with executives like Gautam Doshi holding significant authority over its financial and offshore operations.

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.

Reliance Group: The Reliance Group is at the center of an investigation by the United States — Federal Bureau of Investigation regarding alleged financial irregularities and diversion of funds. Several of its companies, including Reliance Capital Limited, BGIN Infrastructure, LLC, and Reliance Power, are implicated in the scheme.

State Bank of India: The State Bank of India's guidelines were allegedly violated by Amit Bapna and Reliance Capital Limited in facilitating loans to intermediary companies, indicating a breach of regulatory compliance.

Reliance Group: The Reliance Group is at the center of a large-scale banking fraud investigation, with allegations of loan defaults, diversion of funds, and misuse of the Insolvency and Bankruptcy Code.

Reliance Group: Reliance Group, led by Anil Ambani, is facing extensive investigations by the India — Enforcement Directorate for alleged bank fraud and money laundering, resulting in significant asset attachments and multiple companies being declared fraudulent by banks.