Anil Ambani's big shock, SBI will take action on loan account

Anil Ambani's big shock, SBI will take action on loan account

The difficulties of Reliance Communications Limited (RCom), the telecom company of Anil Dhirubhai Ambani Group, have increased once again. State Bank of India (SBI), the country's largest public sector bank, has decided to put the company's loan accounts under the category of fraud. Along with this, the bank has also said to report the name of former director Anil Dhirlal Ambani to the Reserve Bank of India (RBI).

Information given to stock exchange

Reliance Communications has told the stock exchange in an official notice that it received a letter from State Bank of India on 30 June 2025, which was issued on 23 June 2025. In this letter, SBI has clearly mentioned that it is declaring the loan of the company as fraud.

Bank will send Anil Ambani's name to RBI

It has also been mentioned in the letter of SBI that the name of former director of the company Anil Dhirlal Ambani will be sent to the Reserve Bank of India. This process is being done under the guidelines issued by RBI, in which it is mandatory to give information of the officials/directors concerned in cases related to fraud.

What is the matter?

Reliance Communications has been going through a financial crisis for a long time. The company has also passed through insolvency due to heavy debt burden, decline in market share and legal disputes. In such a situation, now SBI declaring loans as fraud is being considered another major setback for the company.

Now it will be seen what steps the RBI takes on this report and whether the path of legal action against Anil Ambani is cleared. Also, the response of other banks will also be important in this matter, because the total debt of RCom is spread in many government and private banks.