CBI arrests two former Reliance ADAG CEOs for corruption, causing ₹7,623 crore losses to banks through improper loan approvals. | India News

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…

CBI arrests former CEOs of RCFL and RHFL for causing ₹7,623 crore loss to banks in alleged fraud cases.

Among the arrested executives, former director and CEO of Reliance Commercial Finance Limited (RCFL) Devang Mody had caused a loss of ₹4,097 crore to 13 public sector banks…

CBI arrests two former Reliance ADAG CEOs for corruption, causing ₹7,623 crore losses to banks through improper loan approvals. | India News