Bank of Baroda Classifies RCom Loan as Fraudulent, Names Anil Ambani
Bank of Baroda Classifies RCom Loan: In a significant development in the Reliance Communications (RCom) saga, Bank of Baroda (BoB) has classified the loan account of the insolvent telecom company as fraudulent, citing alleged misutilisation of loans extended over a decade ago. The move follows similar actions by State Bank of India (SBI) and Bank … Read more