Shares of Reliance Power and Reliance Infrastructure fell sharply after SBI classified Reliance Communications’ loan as fraud, implicating Anil Ambani. The move, based on a 2020 forensic audit, alleged diversion of Rs 12,692 crore. Ambani’s legal team called the action ex parte and unjust, claiming it violates RBI norms and court rulings while ignoring his objections for nearly a year.
Groww’s Ishan Bansal sees structural shift in derivatives participation post regulatory changes
Derivatives business faces a structural reset post FY25 regulatory changes, with growth now driven by a smaller but stable customer base, increased market volatility, and
April 21, 2026