THE Central Bureau of Investigation (CBI) has arrested two senior executives – D Vishwanath and Anil Kalya – of Reliance Communications (RCom), controlled by industrialist Anil Ambani, in a bank fraud case, officials said on Monday. The CBI had registered a case against RCom, Anil D Ambani and unknown others on a complaint by State Bank of India (SBI), alleging that although the bank sanctioned credit facilities to the company, it suffered a wrongful loss of around ₹2,929.05 crore due to fraudulent activities by the accused borrowers. “Investigation thus…
Read MoreCBI Arrests Two Senior RCom Executives Vishwanath And Anil Kalya In ₹2,929 Crore Bank Fraud Case Involving Anil Ambani
