Anil Ambani reaches CBI-headquarters for second day of questioning: SBI fraud case worth ₹2,929 crore; There were questions and answers for 8 hours on the first day

Anil Ambani reached the CBI headquarters in Delhi for the second day of questioning on Friday (March 20) in the Rs 2,929 crore bank fraud case related to Reliance Communications Limited i.e. RCOM. Earlier on Thursday also, the investigating officer had interrogated him for about 8 hours. This entire action is being taken on the basis of the FIR registered on the complaint of SBI.

CBI has registered this criminal case against Reliance Communications Limited, Anil Ambani and some unknown public servants. The case started with a complaint by SBI on August 18, 2025. SBI is leading the consortium of banks that gave the loan to the company. This group includes big names like Bank of India, Union Bank, Canara Bank and IDBI.

Forensic audit revealed that funds were diverted elsewhere.

According to the investigating agency, the basis of this case is a forensic audit report. It has been alleged in the report that the loan amount was misused on a large scale between 2013 and 2017.

The audit revealed that the loan money was diverted to other institutions of the group. SBI alone suffered a loss of Rs 2,929.05 crore due to this manipulation. Whereas the total exposure of 17 public sector banks including SBI is Rs 19,694.33 crore.

PNB and Bank of Baroda also filed separate complaints

Anil Ambani’s troubles are not limited to just one case. After SBI, CBI has also received separate complaints from banks like Punjab National Bank (PNB), Bank of India, IDBI and Bank of Maharashtra.

Bank of Baroda Case: Another case was registered on February 25, involving dues of e-Dena Bank and e-Vijaya Bank.

PNB Case: In another case registered on March 5, along with Anil Ambani, director Manjari Ashok Kakar is also named. The money of e-United Bank of India is stuck in this.

Important documents were found in raids at Mumbai office and house

Considering the seriousness of this matter, CBI had started action in August 2025 itself. Two offices of Reliance Communications and Anil Ambani’s residential complex in Mumbai were searched with a warrant from the Special Judge (CBI). The investigating agency claims that during that time many objectionable documents were seized, on the basis of which the investigation is now going on.

What is the whole controversy of RCOM?

Reliance Communications was once a giant in the telecom sector, but due to huge debts and losses in business, it reached the verge of bankruptcy. Banks allege that the company mismanaged the funds instead of repaying the loan. At present CBI is trying to find out whether bank officials were also complicit in this entire process.

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