The Bombay High Court directed Anil Ambani to approach the RBI over his plea against an order declaring his account ‘fraud’.

The Bombay High Court criticized banks for the careless manner in which they declare accounts as 'fraud' or 'defaulter'. It ...

The Bombay High Court on Friday issued notice to Union Bank of India and the Reserve Bank of India (RBI) in response to a ...

Mumbai: The Bombay High Court on Friday issued a notice to the Union Bank of India and the Reserve Bank of India (RBI) in ...

Bombay High Court criticizes banks for issuing 'cut, copy, paste' fraud orders without due process, asking Anil Ambani to ...

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 ...

Banks have to be mindful of the fact that guidelines, published in the RBI's 'master circulars', are in place, the HC said ...

The Bombay High Court on Friday asked industrialist Anil Ambani to approach the Reserve Bank of India (RBI) to challenge the ...

Bombay HC directed industrialist Anil Ambani to approach the Reserve Bank of India (RBI) over Union Bank of India’s decision ...

The court noted that it frequently encounters cases where banks declare accounts as 'fraud' or 'wilful defaulter' without ...

Adani Powers stock has fallen 12.26% over the past year and 24.32% in the last six months. However, the shares have bounced ...

Kokilaben is the wife of late Dhirubhai Ambani, the founder of Reliance Industries. On the ocassion of her 91st birthday, ...