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Friday, January 16, 2026

Tag: SBI

Anil Ambani Moves SC Against SBI Fraud Account Classification

Anil Ambani challenges Bombay HC order backing SBI's fraud tag on his accounts. Get the latest on the legal battle and court's reasoning.

Govt Plans Mega PSB Merger to Trim State Banks to 4 by FY27

India plans to consolidate 12 public sector banks into 4 large entities by FY27 to boost lending capacity and global competitiveness. SBI, PNB, BoB, and a merged Canara-Union Bank will be the anchors.

Supreme Court to Hear PIL for ₹20,000 Crore RCOM Fraud Probe

Supreme Court agrees to hear PIL seeking court-monitored investigation into alleged ₹20,000 crore banking fraud involving Reliance Communications and Anil Ambani.

ED Summons Anil Ambani Again in Rs 7,500 Crore Money Laundering Case

Anil Ambani faces fresh ED questioning on November 14 in bank fraud case as agency attaches Rs 7,500 crore assets and multiple banks declare Reliance companies as fraud.

ED Summons Anil Ambani in Rs 7,500 Crore Bank Fraud Case

Enforcement Directorate questions Anil Ambani on November 14 in major money laundering case involving SBI loan fraud and Rs 7,500 crore asset attachments.