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Moneylife Digital Team 01 October 2026
The central bureau of investigation (CBI) has filed a second chargesheet in the Reliance Home Finance Ltd (RHFL) case, naming 11 accused, including three former senior executives of the Reliance Anil Dhirubhai Ambani (ADA) group and seven group-linked companies, over the alleged diversion of ₹7,429.16 crore borrowed by the housing finance company.

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Moneylife Digital Team 01 October 2026
The directorate of enforcement (ED) has provisionally attached movable assets worth ₹43.65 crore belonging to Electrotherm (India) Ltd and its promoters in a money laundering case linked to alleged diversion and siphoning of bank loans. The attachment was made last week by ED's Ahmedabad zonal office under the Prevention of Money Laundering Act (PMLA), 2002.

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Moneylife Digital Team 23 September 2026
The Delhi High Court has granted bail to Amitabh Jhunjhunwala, a former senior executive of the Reliance Anil Dhirubhai Ambani (R-ADA) group, in a money laundering case being investigated by the directorate of enforcement (ED), holding that his medical condition brought him within the statutory ‘sick or infirm’ exception under the Prevention of Money Laundering Act (PMLA).

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Neha Joshi (Bar Bench) 11 September 2026
The Enforcement Directorate (ED) has told the Bombay High Court that recovery of assets for banks from businessman Vijay Mallya does not absolve him of the pending money laundering charges [Vijay Vittal Mallya v. State Bank of India & Ors].

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Moneylife Digital Team 07 September 2026
Reliance Anil Dhirubhai Ambani (ADA) group's three top former executives Amitabh Jhunjhunwala, former group managing director (MD), Amit Bapna

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SN Thyagarajan Swagta Nath (Bar Bench) 02 September 2026
Zee Group founder Subhash Chandra told the National Company Law Appellate Tribunal (NCLAT) on Wednesday that he has been vilified across the country over a proposed payment of ₹6.5 crore against admitted creditor claims of ₹22,006 crore even though no final order approving the repayment plan presently exists.

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Moneylife Digital Team 01 September 2026
A 5-member bench of national company law tribunal (NCLT), New Delhi has ordered a stay on the 25 August 2026 order approving a proposal from Zee group founder Subhash Chandra to pay ₹6.25 crore to creditors against admitted claims of ₹22,006.57 crore

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 and    and    and   Yogesh Sapkale 31 August 2026
A fresh right to information (RTI) reply from State Bank of India (SBI) has exposed the enormous scale of the losses the country's largest lender has absorbed while settling bad loans through the national company law tribunal (NCLT)

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Moneylife Digital Team 27 August 2026
The National Company Law Tribunal (NCLT) has approved a repayment plan for Zee group founder Subhash Chandra under which creditors will receive a total of just ₹6.5 crore against admitted claims of ₹22,006.57 crore. The plan translates into a recovery of only about 0.03% of the admitted claims and a haircut of around 99.97% for creditors.

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A right to information (RTI) reply from Central Bank of India has laid bare a sharp and troubling divide in how the public sector banks (PSBs) treat their small borrowers versus their biggest loan defaulters — even as the lender continues to refuse to name a single one of the large defaulters whose written-off dues run into thousands of crores of rupees. The RTI reply is issued in response to an application filed by Pune-based RTI activist Vivek Velankar, president of Sajag Nagrik Manch.

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State-run Bank of Baroda (BoB) has written off loans worth ₹35,715 crore belonging to borrowers with outstanding loans of ₹100 crore and above over the six financial years from FY20-21 to FY25-26, while cumulative recovery of less than 28% from these accounts is at ₹9,946 crore. However, BoB yet again refused to disclose the names of the large borrowers whose loans were technically written off or whose accounts were settled after haircuts, citing exemptions under the RTI Act.

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Moneylife Digital Team 03 August 2026
Public sector banks (PSBs) have written off bad loans worth more than ₹3.57 lakh crore during the past five financial years, while recovering about ₹1.65 lakh crore from written-off accounts over the same period, the Union government informed the Lok Sabha on Monday.

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Moneylife Digital Team 07 July 2026
Fugitive diamond merchant Nirav Modi has reportedly lost his final legal challenge against extradition before the European Court of Human Rights (ECHR)

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A Supreme Court PIL questioning massive loan haircuts and alleged ARC-bank-borrower nexus has reignited scrutiny of asset reconstruction companies. The case could become a watershed moment for accountability, transparency and reform in India's stressed-asset recovery ecosystem.

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Bar Bench 25 June 2026
The High Court of Justice in London has held that fugitive economic offender Nirav Modi is personally liable to Bank of India more than $11 million (over ₹100 crore) under a 2013 personal guarantee in favour of the bank. (Bank of India v. Firestar Diamond FZE & Ors.)

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Moneylife Digital Team 23 June 2026
The CBI has arrested former RCFL CEO Devang Mody and former RHFL CEO Ravindra Sudhalkar in its investigation into an alleged ₹7,623 crore bank fraud involving diversion of funds within the Reliance ADA Group.

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Moneylife Digital Team 19 June 2026
The Enforcement Directorate conducted searches at 17 locations across Mumbai and Delhi in connection with an alleged ₹200 crore loan diversion and money laundering case involving HDIL promoters, former Yes Bank chief Rana Kapoor, Suraksha ARC and related entities.

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Moneylife Digital Team 19 June 2026
The Supreme Court has agreed to hear a PIL seeking a court-monitored probe into alleged diversion of over ₹900 crore by JKM Infra Projects and the settlement of bank dues exceeding ₹1,537 crore for just ₹73.5 crore through asset reconstruction companies.

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Moneylife Digital Team 11 June 2026
A special CBI court in Mumbai has remanded Amitabh Jhunjhunwala, former group managing director (MD) within the Anil Dhirubhai Ambani (ADA) group, to central bureau of investigation (CBI) custody until 12 June 2026 in connection with an alleged bank fraud involving Reliance Commercial Finance Ltd (RCFL).

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Moneylife Digital Team 11 June 2026
The directorate of enforcement (ED) has provisionally attached an Arabian Sea-facing immovable property in Murud, Raigad district of Maharashtra, with a current market value of more than ₹60 crore, in connection with its ongoing investigation into the alleged ₹1,400 crore bank fraud involving Nitin Shambhukumar Kasliwal and S Kumars Nationwide Ltd (SKNL).

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