New Delhi, Sept. 19 -- The Central Bureau of Investigation (CBI) today announced that it has filed chargesheets in two cases concerning fraudulent transactions between Anil Ambani's ADA Group companies and Yes Bank, as well as companies linked to the family of the bank's former CEO, Rana Kapoor.
The cases, originally registered in 2022 based on a complaint from Yes Bank's Chief Vigilance Officer, involve Reliance Commercial Finance Ltd (RCFL) and Reliance Home Finance Limited (RHFL). Anil Ambani, the then-Chairman of the ADA Group, was also a director of Reliance Capital Ltd., the holding company for both RCFL and RHFL.
The investigation revealed that, on the approval of Rana Kapoor, Yes Bank invested approximately Rs. 2,045 crore in non-...