Reliance Communications Limited — Important, 14-03-2026: Fraud/Default/Arrest

SBI classified Reliance Telecom's (RTL) loan account as "fraud" due to alleged fund misutilisation. Both RTL and RCOM are under CIRP, and this classification pertains to pre-CIRP activities. RCOM states IBC protections, including immunity post-resolution plan approval, apply. The Resolution Professional is examining the matter.