Bombay High Court slams banks casual take on declaring accounts fraud, asks Anil Ambani to approach RBI
Bombay High Court issues notice to UBI and RBI over casual bank account classification, directs Ambani to approach RBI.
LiveLaw5d
Bombay High Court Flags 'Cut Copy Paste' Orders Being Passed By Banks To Declare Fraud Accounts; Asks Anil Ambani To Approach RBI
The Bombay High Court on Friday asked industrialist Anil Ambani to approach the Reserve Bank of India (RBI) to challenge the ...
Deccan Chronicle5d
Bombay HC Directs Anil Ambani to Approach RBI in Loan Fraud Classification Case
Mumbai: The Bombay High Court on Friday issued a notice to the Union Bank of India and the Reserve Bank of India (RBI) in ...
Will ensure banks frame fraud declaration policies: RBI to HC
Mumbai: RBI on Friday told Bombay HC it will take steps to ensure that banks frame and put up their respective fraud declaration policies on their web.
HC raps RBI, Union Bank over bypassing of rules to declare Ambani account “fraudulent”
The case dates back to January 2024, when Union Bank issued a show cause notice to Reliance Communications, saying its loan account would be classified as “fraudulent” as it had allegedly sanctioned ...
Hope to convert around 80% of investment proposals into reality: Assam CM Sarma
According to the CM, the first version of Advantage Assam held in 2018 had attracted investment proposals of around ₹1.5 lakh ...
Moneylife6d
Bombay High Court Asks Anil Ambani To Approach RBI in Loan Account Fraud Classification Matter
The Bombay High Court on Friday issued notice to Union Bank of India and the Reserve Bank of India (RBI) in response to a petition filed by industrialist Anil Ambani challenging the classification of ...