Canara Bank classifies Reliance Communications accounts as 'fraud'
Saturday, 16 November 2024
Canara Bank has classified accounts belonging to Reliance Communications and Reliance Telecom as "fraudulent." RCom, currently undergoing insolvency proceedings, stated that this classification is not expected to impact the company's resolution process, citing legal protections under the Insolvency and Bankruptcy Code.
|
||||
|
|
||||
You Might Like💡 newsR Knowledge: Other News Mentions
|
||||
Bank Holidays December 2024: Bank Branches To Be Closed For Upto 17 Days Next Month; Check City-Wise ListBank Holidays in December 2024: The Reserve Bank of India (RBI) bank holidays calendar list has given full details of states and days when bank branches will...Zee News Also reported by •IndiaTimes •DNA |
Top 5 Bank Fixed Deposits: Which are the best FDs for 1, 2, 3 and 5-year time period? Check listBank Fixed Deposits (FDs) are offering attractive interest rates, making it a favorable time for investors to lock in high returns before potential rate cuts by...IndiaTimes Also reported by •DNA |
Sensex Closes Up By 992 Points, Adani Ports, L&T Top GainersIn the Sensex pack, L&T, SBI, Adani Ports, HDFC Bank, ICICI Bank, Power Grid, Reliance, Kotak Mahindra Bank, TCS, HUL, Axis Bank, NTPC, and UltraTech Cement were...Zee News |
