Mumbai, July 7 (IANS) The Central Bureau of Investigation (CBI) on Tuesday filed the first charge sheet in the Reliance Commercial Finance Ltd (RCFL) case against seven accused, including two Reliance Group companies, for causing a loss of Rs 4,097 crore to public sector banks, according to a statement issued by the investigative agency.The accused in the charge sheet, filed before the Special Judge for CBI cases, include Reliance Infrastructure Ltd and Reliance Home Finance Ltd (RHFL), and five…
Latest Reliance Capital Ltd News & Updates
New Delhi, July 4 (IANS) The Central Bureau of Investigation (CBI) on Saturday said that it has arrested Amit Bapna, former Chief Financial Officer of Reliance Capital Ltd, in connection with the ongoing investigation into the Reliance ADA Group cases.According to the CBI, the investigation has revealed that Amit Bapna — who served as Chief Financial Officer of Reliance Capital Ltd from August 2014 to December 2019 — was one of the key decision-makers responsible for managing the financial aff…
New Delhi, June 22 (IANS)The Central Bureau of Investigation (CBI) has arrested Reliance Commercial Finance Limited’s (RCFL) former Director and Chief Executive Officer Devang Mody, and Reliance Home Finance Limited’s (RHFL) former Executive Director and Chief Executive Officer Ravindra Sudhalkar, in connection with the ongoing investigation into the Anil Ambani-run Reliance ADA Group cases, the investigative agency announced on Monday.The investigation has revealed that the accused persons dive…