State Bank of India (SBI) has classified Anil Ambani’s Reliance Communications (RCom) loan account as ‘fraud’. Following this, other banks that extended loans to RCom are also likely to declare the company’s loan accounts as ‘fraud’.

State Bank of India (SBI) has classified Anil Ambani’s Reliance Communications (RCom) loan account as ‘fraud’. Following this, other banks that extended loans to RCom are also likely to declare the company’s loan accounts as ‘fraud’.