Reliance Group is the largest private sector company in the country. It was founded by Dhirubhai Ambani, but now this company is starting to get into controversies. In fact, after the death of Dhirubhai Ambani, both of his sons (Mukesh Ambani and Anil Ambani) took over the reins of Reliance, but within a few years the company was divided. After partition, Mukesh Ambani overtook his younger brother Anil Ambani. Now the situation is that the elder brother is facing opposition in the farmers movement due to the policies of the Government of India and younger brother Anil has already declared himself bankrupt.
Today, Anil Ambani is once again in the news and that too due to debt. In fact, according to a report by English Webside Business Insider.in (www.businessinsider.in), three companies of Anil Ambani have been accused of allegedly cheating banks. At the same time, the loan amount is also about ten times more than the loan taken by Mallya. This loan amount is being reported as Rs 86,188 crore. Not only this, this is why Anil Ambani is in trade on Twitter. The report claimed that Anil Ambani’s three companies took loans from State Bank of India, Union Bank of India and Indian Overseas Bank respectively and did not repay it.
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The bank is now preparing to take action on the Anil Ambani-led Reliance Group entities, including Reliance Communications, Reliance Infratel and Reliance Telecom. At the same time, Sucheta Dalal on social media, who revealed the Harshad Mehta scam. He has written a question on his Twitter handle that can anyone guess who is India’s largest corporate defaulter? And no action has been taken by the government against him.
According to news agency IANS, many big banks in the country have called the bank account of Reliance Communication as fraud. These banks include State Bank of India, Union Bank of India and Indian Overseas Bank.