ET Exclusive: ED to question bank officials over Rs 17,000 cr loan fraud linked to Anil Ambani-led Reliance Group

Wait 5 sec.

The Enforcement Directorate will summon bank officials who sanctioned ₹17,000 crore in loans to Anil Ambani’s Reliance Group as part of a money laundering probe. ED seeks details on credit assessments and actions taken after defaults. The agency recently arrested a director linked to fake bank guarantees issued for Reliance, alleging misuse of funds and forged documents in the case.