Reliance Communications Ltd. News and Updates

Keep track of all breaking news on Reliance Communications Ltd. from all sources in a single place.

10 Sep 2025

1.41

-2.08%

ED registers fresh case against Anil Ambani, RCom in alleged SBI fraud

Business Standard

The Enforcement Directorate (ED) has widened its ongoing money-laundering probe against the group companies of Reliance Group chairman Anil Ambani, with the registration of a fresh case against Reliance Communication Limited (RCom) for an alleged Rs 2,929 crore loan fraud with the SBI, official sources said. An Enforcement Case Information Report (ECIR), the ED's equivalent for a police FIR, has recently been filed by the federal probe agency, taking cognisance of a CBI complaint registered on August 21, the sources said. The Central Bureau of Investigation (CBI) carried out searches at the premises ofom and the residence of Ambani in Mumbai on August 23 as part of this SBI-linked investigation. The accused in the latest ED case are the same as in the CBI FIR, which includedom-Mumbai, its director Anil D Ambani, unidentified public servants and others on the basis of a complaint from the State Bank of India (SBI). The money-laundering investigation has been enlarged to look into all

Reliance Communications Ltd. has lost -29.85% in the last 1 Year

Fresh money laundering case filed against Anil Ambani, RCom in 2,929 cr bank fraud

Business Line | 10 Sep 2025 1 more

Reliance Communications Ltd.

06 Sep 2025

1.41

-2.08%

BoB flags RCom loan accounts as fraud amid allegations of fund misuse

Economic Times

Bank of Baroda has declared Reliance Communications' loan accounts, along with Anil Ambani, as fraudulent due to alleged fund misutilisation and improper transactions. This action follows similar declarations by SBI and Bank of India. Anil Ambani Group denies the allegations, asserting they will contest the claims in court, citing a consortium of 14 lenders and delayed proceedings.

Reliance Communications Ltd. has lost -22.53% in the last 1 Month

BoB becomes third bank to classify RCom, Anil Ambani as fraud

Business Line | 05 Sep 2025 3 more

Reliance Communications Ltd.

25 Aug 2025

1.41

-2.08%

Reliance Comm, Power, Infra hit 5% lower circuit as CBI books Anil Ambani

Business Standard

Anil Ambani's firm's stocks plunged as the CBI filed a case and carried out searches after a fraud complaint from the State Bank of India

Reliance Communications Ltd. is trading below all available SMAs

After SBI, Bank Of India Tags Loan Accounts Of Reliance Communications, Anil Ambani As Fraud

NDTV Profit | 24 Aug 2025 4 more

Reliance Communications Ltd.

23 Aug 2025, 09:55PM

1.41

-2.08%

Anil Ambani refutes all charges following CBI action in bank fraud case

Business Standard

At present, Reliance Communications is being managed under the supervision of a Committee of Creditors, led by SBI and overseen by a Resolution Professional

Reliance Communications Ltd. is trading below all available SMAs

CBI Books Anil Ambani's Reliance Comm For Rs 2,000 Crore Bank Fraud, Searches Premises

NDTV Profit | 23 Aug 2025, 12:10PM 1 more

Reliance Communications Ltd.

05 Aug 2025

1.41

-2.08%

Anil Ambani appears before ED in bank loan 'fraud' linked PMLA case

Business Line

The Union government had informed Parliament recently that the State Bank of India has classified RCOM along with Ambani as "fraud" and was also in the process of lodging a complaint with the CBI.

Reliance Communications Ltd. has lost -22.53% in the last 1 Month

Reliance Communications Ltd.

25 Jul 2025

1.41

-2.08%

Reliance Communications Says ED Conducted Searches At Navi Mumbai Premises

NDTV Profit

The ED had earlier searched properties linked to Anil Ambani in Mumbai and Delhi over alleged money laundering.

Reliance Communications Ltd. is trading below all available SMAs

Reliance Communications Ltd.

22 Jul 2025

1.41

-2.08%

SBI classifies RCom, Anil Ambani as 'fraud'; to lodge complaint with CBI

Business Standard

State Bank of India has classified Reliance Communications along with promoter director Anil D Ambani as 'fraud' and is also in the process of lodging complaint with CBI, Parliament was informed on Monday. The entities were classified as fraud on June 13, 2025 in accordance with the RBI's Master Directions on Fraud Risk Management and Bank's Board-approved Policy on Classification, Reporting & Management of Frauds, Minister of State for Finance Pankaj Chaudhary said in a written reply in the Lok Sabha. "On June 24, 2025, the bank reported classification of fraud to RBI, and is also in the process of lodging complaint with CBI," he said. Further, on July 1, 2025, as part of disclosure compliance, Resolution Professional of RCom informed the Bombay Stock Exchange regarding fraud classification by the bank. The credit exposure of SBI in RCom includes, fund-based principal outstanding amount of Rs 2,227.64 crore along with the accrued interest and expenses with effect from August 26, .

Reliance Communications Ltd. has lost -22.53% in the last 1 Month

Reliance Communications Ltd.

10 Jul 2025

1.41

-2.08%

Canara Bank drops 'fraud' label on Anil Ambani-linked RCom loan account

Business Standard

The case relates to a loan account linked with Ambani's firm Reliance Communications, which is undergoing insolvency proceedings

Reliance Communications Ltd. has lost -22.53% in the last 1 Month

Reliance Communications Ltd.

02 Jul 2025

1.41

-2.08%

SBI to label RCom loan account as 'fraud', names Anil Ambani in RBI report

Business Standard

State Bank of India (SBI) has decided to classify the loan account of beleaguered telecom firm Reliance Communications as "fraud" and to report the name of its erstwhile director -- Anil Ambani to the Reserve Bank of India (RBI). The move is expected to be followed by other lenders who have given loans to Reliance Communications Ltd (RCom). Reliance Communications in a regulatory filing said that it has received a letter dated June 23, 2025 from the State Bank of India (SBI) to this effect. SBI has decided to report the loan account of the company as 'fraud' and to report the name of Anil Ambani (erstwhile director of the company) to the RBI, as per the extant RBI guidelines, it said. As per the RBI guidelines, after a bank classifies an account as 'fraud', the lender should then report the fraud to RBI within 21 days of detection and also report the case to CBI/Police. According to the filing, Reliance Communications and its subsidiaries received a total loan of Rs 31,580 crore f