Bombay HC Clears Banks to Act on ‘Fraud’ Classification in Anil Ambani Loan Case

In a major legal setback for industrialist Anil Ambani, the Bombay High Court has lifted an interim stay that had prevented banks from classifying loan accounts linked to him as ‘fraud’, reviving action on borrowings exceeding ₹40,000 crore.The decision allows public sector lende

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