CBI files FIR against Reliance Capital over ₹2,684 crore loss
pre-market1 source ↓written by the desknot a recommendation
- linked to LIC
- ₹2,684.57 crore
The CBI has registered an FIR against Reliance Capital, Anil D Ambani, and others over an alleged fraud involving ₹2,684.57 crore linked to LIC investments. The investigation will examine the roles of involved parties and the misuse of funds between April 2012 and March 2018. This regulatory action may impact investor sentiment in the financial sector.
• Allegations stem from LIC's complaint
• Investigation includes public servants and private individuals
• Potential implications for Reliance Capital's operations
Not investment advice. For informational purposes only.