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Reliance Communications Reports RTL Promoter Declared Wilful Defaulters By Canara Bank


8 September 2026
Reliance Communications Ltd.

Canara Bank’s Review Committee classified Reliance Telecom and RCOM promoter Anil D. Ambani as wilful defaulters on August 31, 2026, citing alleged diversion of funds, related-party transfers and investments. The bank will report RTL to credit information companies; both entities remain under CIRP.


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