CBI files FIR against Reliance Capital over LIC investment fraud
pre-market1 source ↓written by the desknot a recommendation
- fraud involving LIC
- ₹2,684.57 cr
The CBI has filed an FIR against Reliance Capital and Anil Ambani for an alleged ₹2,684.57 cr fraud involving LIC investments. The case also includes former managing director Satish Seth and unidentified public servants. This development raises concerns over corporate governance and may impact investor sentiment in the financial sector. 💼
Not investment advice. For informational purposes only.