Anil Ambani I Reliance Shares: The shares of Reliance Infrastructure and Reliance Power witnessed a downtrend in trade on Thursday after the SBI deemed the loan account of Reliance Communications as fraud, while also incriminating commpany’s ex-director Anil Ambani.
Reliance Infrastructure dipped as much as 5.12 per cent to hit Rs 377.45, Reliance Power slipped by 4.89 per cent hit Rs 64.75 on the BSE Sensex index.
As per Reliance communications exchange filing dated July 1, 2025, State Bank of India had decided upon reporting the loan account linked to Reliance Communications as “fraud”. India’s biggest public sector lender also intends to report the name of former RCom Director Anil Ambani to Reserve Bank of India.
The…