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Anil Ambani and the RCom Loan Fraud Case

RCom’s Rs.45,000 crore loan was declared fraudulent by SBI due to misuse of funds. Anil Ambani faces legal risks as RCom undergoes bankruptcy.

Jet Airways Files For Bankruptcy

A final deal has been struck with lenders and the State Bank Of India (SBI) who announced that they will go to court and file for Bankruptcy.