CBI questions Anil Ambani for nearly 8 hours in ₹2,929 crore bank fraud case
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New Delhi (The Uttam Hindu): The Central Bureau of Investigation (CBI) on Thursday conducted an extensive interrogation of industrialist Anil Ambani in connection with an alleged bank fraud case worth ₹2,929 crore.
According to sources, Ambani appeared at the CBI headquarters in Delhi, where he was questioned for nearly eight hours. He has been asked to join the investigation again for further questioning. The case is based on a complaint filed by the State Bank of India (SBI).
The CBI had registered the case on August 21, 2025, against Reliance Communications, Anil Ambani and others. The आरोप relate to alleged irregularities in loans taken from banks and misuse of funds, leading to a loss of ₹2,929 crore to SBI.
As per the agency, between 2013 and 2017, the company allegedly diverted loan funds through complex transactions involving group entities. These findings were highlighted in a forensic audit report. The total exposure of 17 public sector banks in the case is estimated at around ₹19,694 crore, with SBI suffering the highest losses.
Apart from SBI, other banks including Punjab National Bank, Bank of India, Union Bank of India, UCO Bank, Central Bank of India and IDBI Bank have also lodged complaints. The CBI has also registered additional FIRs related to Bank of Baroda and other lenders in connected matters.
Earlier, in August 2025, the agency had conducted searches at offices of Reliance Communications in Mumbai as well as at Ambani’s residence, seizing key documents that are now part of the ongoing investigation.
A spokesperson for Anil Ambani stated that he is fully cooperating with the investigating agencies and will continue to appear as required. The questioning is being carried out under the FIR registered on SBI’s complaint.
Meanwhile, the CBI is also probing another bank fraud case worth ₹57.47 crore involving Reliance Commercial Finance Limited and its officials, where allegations of fund diversion have surfaced.
The agency’s action is being seen as part of one of the major banking fraud investigations in the country. Further developments and disclosures are expected as the probe progresses.