Bombay HC Orders Anil Ambani to Approach RBI Over Union Bank Verdict – A Critical Step Forward

RBI action on banks The Bombay High Court recently voiced strong concerns regarding the manner in which banks declare accounts as “defaulters” or “fraudulent,” emphasizing the need for more meticulous and transparent procedures. The case in question involved industrialist Anil Ambani, who had challenged an order passed by the Union Bank of India in October […]