Overview

• CBI teams searched Anil Ambani’s Seawind residence and premises linked to Reliance Communications in Mumbai on Saturday morning.
• The agency registered an FIR on SBI’s complaint, which cites a fund-based outstanding of Rs 2,227.64 crore and bank guarantees of Rs 786.52 crore.
• SBI marked Reliance Communications and Anil Ambani as fraud in June 2025 after a fresh process under RBI guidance and reported the classification to the central bank on June 24.
• Bank findings presented to its Fraud Identification Committee allege diversion through inter-company transfers, including large payments to connected entities by former RCom subsidiaries.
• The CBI move coincides with an expanded ED money-laundering probe into alleged loan diversions of up to Rs 17,000 crore, with Ambani questioned on August 4 and senior aides summoned following July seizures of records.