{"id":943159,"date":"2025-07-03T06:26:59","date_gmt":"2025-07-03T00:56:59","guid":{"rendered":"https:\/\/telecomlive.in\/web\/?p=943159"},"modified":"2025-07-03T06:38:34","modified_gmt":"2025-07-03T01:08:34","slug":"sbi-flags-reliance-communications-loan-account-for-suspected-fraud-and-funds-diversion-2","status":"publish","type":"post","link":"https:\/\/telecomlive.in\/web\/2025\/07\/03\/sbi-flags-reliance-communications-loan-account-for-suspected-fraud-and-funds-diversion-2\/","title":{"rendered":"SBI flags Reliance Communications&#8217; loan account for suspected fraud and funds diversion"},"content":{"rendered":"<p>MUMBAI: State Bank of India (SBI) is classifying the loan account of bankrupt Reliance Communications as fraudulent, citing alleged diversion of funds in a case dating back to 2016, the telecoms company said.<\/p>\n<p>Reliance Communications made the disclosure in a securities filing on Tuesday, where it said India&#8217;s largest lender has decided to report its loan account as &#8220;fraud&#8221;. The filing attached a June 23 letter from SBI detailing the reasons for the move.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>MUMBAI: State Bank of India (SBI) is classifying the loan account of bankrupt Reliance Communications as fraudulent, citing alleged diversion of funds in a case dating back to 2016, the telecoms company said. Reliance Communications made the disclosure in a securities filing on Tuesday, where it said India&#8217;s largest lender has decided to report its loan account as &#8220;fraud&#8221;. The filing attached a June 23 letter from SBI detailing the reasons for the move.<\/p>\n","protected":false},"author":8,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[4,60,10],"tags":[],"class_list":["post-943159","post","type-post","status-publish","format-standard","hentry","category-newspapers","category-telecom-the-economic-times","category-the-economic-times"],"acf":[],"_links":{"self":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts\/943159","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/users\/8"}],"replies":[{"embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/comments?post=943159"}],"version-history":[{"count":0,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts\/943159\/revisions"}],"wp:attachment":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/media?parent=943159"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/categories?post=943159"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/tags?post=943159"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}