Anil Ambani-led Reliance units say SBI’s fraud tag on RCom loan has no impact on their operations

Reliance Infrastructure and Reliance Power on Thursday clarified that the recent action by the State Bank of India to classify the loan account of Reliance Communications as fraud has absolutely no impact on the business operations and financial performance. They added that it also does not affect shareholders, employees, or any other stakeholders of Reliance Infrastructure and Reliance Power.

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