Tag: Banking Fraud
BANKING & FINANCE Canara Bank Classifies RCom, Reliance Tele Accounts As ‘Fraud’

Public sector lender Canara Bank has classified the loan accounts of Reliance Communications Ltd (RCom) and its subsidiary Reliance Telecom Ltd (RTL) as “fraud” and will report the case to the Reserve Bank of India for inclusion in the Central Fraud Registry, even as the company is undergoing the corporate insolvency resolution process (CIRP). In […]

CW Bureau · Mar 7, 2026