Bombay High Court issues notice to UBI and RBI over casual bank account classification, directs Ambani to approach RBI.

There cannot be such cut, copy and paste... There has to be some application of mind, says Bombay High Court slamming banks ...

The Bombay High Court directed Anil Ambani to approach the RBI over his plea against an order declaring his account ‘fraud’.

The Bombay High Court on Friday issued notice to Union Bank of India and the Reserve Bank of India (RBI) in response to a ...

Mumbai: The Bombay High Court on Friday issued a notice to the Union Bank of India and the Reserve Bank of India (RBI) in ...

The Bombay High Court criticized banks for the careless manner in which they declare accounts as 'fraud' or 'defaulter'. It ...

The Bombay High Court on Friday asked industrialist Anil Ambani to approach the Reserve Bank of India (RBI) to challenge the ...

Banks have to be mindful of the fact that guidelines, published in the RBI's 'master circulars', are in place, the HC said ...

The case dates back to January 2024, when Union Bank issued a show cause notice to Reliance Communications, saying its loan account would be classified as “fraudulent” as it had allegedly sanctioned ...

Bombay HC directed industrialist Anil Ambani to approach the Reserve Bank of India (RBI) over Union Bank of India’s decision ...

Bombay High Court criticizes banks for issuing 'cut, copy, paste' fraud orders without due process, asking Anil Ambani to ...