Kolkata, New Delhi, INDIA. New York, USA.
Business To Business, New Delhi, 18 September 2025: On Thursday, the Central Bureau of Investigation (CBI) submitted a formal chargesheet against Anil Ambani and several others concerning alleged fraudulent transactions conducted between the industrialist's corporate entities—RCFL and RHFL—and Yes Bank, involving firms associated with the family of the bank’s former CEO, Rana Kapoor. These illicit activities purportedly resulted in a financial loss of Rs 2,796 crore to the bank, according to officials.
In the chargesheet presented before a specialized court in Mumbai, the federal investigative agency stated that Ambani holds the position of chairman of the Anil Dhirubhai Ambani (ADA) Group and serves as a director of Reliance Capital Limited, the parent company of RCFL and RHFL.
Immediate comments from the ADA Group were not available.