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Canara Financial institution labels mortgage accounts of Anil Ambani’s Reliance Communications as “fraud”: After availing and having fun with the stated loans, your organization …

Canara Financial institution labels mortgage accounts of Anil Ambani’s Reliance Communications as “fraud”: After availing and having fun with the stated loans, your organization …

[ad_1] Canara Financial institution has reportedly labeled the mortgage accounts of Anil Ambani’s bankrupt telecom enterprise, Reliance Communications, and its subsidiary as fraudulent, alleging the misappropriation of Rs 1,050 crore loaned in 2017. These loans have been initially meant for…