CBI arrests ex-CEOs of RCFL and RHFL in Rs 7,623 crore fraud case. Loans allegedly diverted to Reliance group firms, causing major bank losses.

CBI arrests ex-CEOs of RCFL and RHFL in Rs 7,623 crore fraud case. Loans allegedly diverted to Reliance group firms, causing major bank losses.

According to the CBI, the two former executives are accused of causing a combined wrongful loss of Rs 7,623 crore to public sector banks. In the RCFL case, the agency said the…