Reliance Group & Reliance Commercial Finance

Reliance Group: The Reliance Group is the primary target of the asset attachments due to alleged fraudulent diversion of public money and loan evergreening.

Reliance Commercial Finance: Reliance Commercial Finance is another group company implicated in the alleged fraud, receiving investments from Yes Bank that subsequently turned into non-performing assets.

Reliance Group: The Reliance Group is at the center of a large-scale banking fraud investigation, with allegations of loan defaults, diversion of funds, and misuse of the Insolvency and Bankruptcy Code.

Reliance Commercial Finance: Reliance Commercial Finance is alleged to have defaulted on loans worth ₹8,200 crore, with the India — Enforcement Directorate citing large-scale diversion of public funds.

Reliance Group: Reliance Group, led by Anil Ambani, is facing extensive investigations by the India — Enforcement Directorate for alleged bank fraud and money laundering, resulting in significant asset attachments and multiple companies being declared fraudulent by banks.

Reliance Commercial Finance: Reliance Commercial Finance is involved in the bank fraud cases, leading to asset attachments by the India — Enforcement Directorate.

Reliance Commercial Finance: Reliance Commercial Finance is under investigation by the India — Enforcement Directorate for alleged money laundering and diversion of public funds, leading to the attachment of its properties.