Latest Fraud Classification News & Updates

New Delhi, April 16 (IANS) The Supreme Court on Thursday refused to interfere with the Bombay High Court’s order vacating the interim protection granted to industrialist Anil Ambani against the classification of his loan accounts as “fraudulent” by lender banks under the Reserve Bank of India’s 2024 Master Directions. A Bench of Chief Justice of India (CJI) Surya Kant and Justices Joymalya Bagchi and Vipul Pancholi dismissed Ambani’s petitions challenging the Bombay High Court’s division ben…