{"id":966005,"date":"2025-10-04T10:08:56","date_gmt":"2025-10-04T04:38:56","guid":{"rendered":"https:\/\/telecomlive.in\/web\/?p=966005"},"modified":"2025-10-04T11:53:22","modified_gmt":"2025-10-04T06:23:22","slug":"bombay-hc-dismisses-anil-ambanis-plea-against-sbi-classifying-his-loan-account-as-fraud","status":"publish","type":"post","link":"https:\/\/telecomlive.in\/web\/2025\/10\/04\/bombay-hc-dismisses-anil-ambanis-plea-against-sbi-classifying-his-loan-account-as-fraud\/","title":{"rendered":"Bombay HC dismisses Anil Ambani\u2019s plea against SBI classifying his loan account as fraud"},"content":{"rendered":"<p>The Bombay High Court on Friday dismissed a plea by businessman Anil Ambani challenging the State Bank of India\u2019s classification of his loan account and that of Reliance Communications (RCom) as \u201cfraud,\u201d according to Live Law. <\/p>\n<p>A division bench of Justices Revati Mohite-Dere and Dr Neela Gokhale pronounced the order. <\/p>\n<p>The classification had been made on June 13, 2025, in accordance with the Reserve Bank of India\u2019s Master Directions on Fraud Risk Management and SBI\u2019s internal policy. Ambani had approached the court contending that the bank did not follow principles of natural justice, as he was not given an opportunity to be heard before his account was tagged as fraud.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The Bombay High Court on Friday dismissed a plea by businessman Anil Ambani challenging the State Bank of India\u2019s classification of his loan account and that of Reliance Communications (RCom) as \u201cfraud,\u201d according to Live Law. A division bench of Justices Revati Mohite-Dere and Dr Neela Gokhale pronounced the order. The classification had been made on June 13, 2025, in accordance with the Reserve Bank of India\u2019s Master Directions on Fraud Risk Management and SBI\u2019s internal policy. Ambani had approached the court contending that the bank did not follow principles of natural justice, as he was not given an opportunity [&hellip;]<\/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-966005","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\/966005","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=966005"}],"version-history":[{"count":0,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts\/966005\/revisions"}],"wp:attachment":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/media?parent=966005"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/categories?post=966005"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/tags?post=966005"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}