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Canara Bank labels loan accounts of Anil Ambani’s Reliance Communications as "fraud": After availing and enjoying the said loans, your company ...These loans were initially intended for capital expenditure and debt repayment. According to a report in Economic Times, in a letter to Reliance Communications dated November 5, Canara Bank stated ...
In November 2024, Canara Bank ... loan account with them had been classified as “fraudulent” because it had allegedly sanctioned several credit facilities like term loans, guarantees, and ...
the bank saw a 12.26 per cent y-o-y increase in housing loans to ₹1.03 lakh crore and a 17.26 y-o-y increase in vehicle loans. “Canara Bank continues to align its offerings with customer needs ...
Canara and Indian Bank have reduced their repo-linked lending rates (RLLR) by 25 basis points, aligning with the RBI's efforts to make home and vehicle loans more affordable. Indian Bank has ...
These loans were initially intended for capital expenditure and debt repayment. What does Canara Bank's "fraud letter" to Reliance Communications says According to a report in Economic Times ...
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