CBI arrests former CEOs of RCFL, RHFL in Reliance ADA Group loan diversion case; Rs 7,623 cr loss to PSBs
- Posted on June 22, 2026
- By Business News Today
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CBI arrests former CEOs of RCFL, RHFL in Reliance ADA Group loan diversion case; Rs 7,623 cr loss to PSBs
According to the CBI, the two former executives are accused of causing a combined wrongful loss of Rs 7,623 crore to public sector banks. In the RCFL case, the agency said the accused caused a loss of Rs. 4097 crores to 13 Public Sector Banks (PSBs). In the RHFL case, the loss amount is Rs. 3526 crores to 10 PSBs.
