New Delhi, March 13 (UNI) The Central Bureau of Investigation (CBI) on Friday recorded the statement of Jai Anmol Ambani, son of Anil Ambani, in connection with a Rs 228-crore bank loan fraud case registered against Reliance Home Finance Ltd. and others.
The case was registered on December 6, 2025.
Jai Anmol Ambani, Ravindra Sudhalkar, along with unknown persons and unknown public servants, have been named as accused in the matter.
The CBI had summoned Jai Anmol Ambani to join the investigation at the CBI headquarters in Delhi on Friday.
“Jai appeared before the investigating officer today and was examined for about 6.5 hours. For further examination, the accused has been directed to appear before the investigating officer tomorrow as well,” said a senior CBI official.
The CBI registered a criminal case against Reliance Home Finance Ltd. (a company of the Reliance ADA Group), its promoters/directors and unknown bank officials based on a complaint filed by union Bank of India. The complaint alleged criminal conspiracy, cheating and criminal misconduct, causing a wrongful loss of ₹228.06 crore to union Bank of India (formerly Andhra Bank).
The account of Reliance Home Finance Ltd. was declared a Non-Performing Asset (NPA) in 2019 and was later classified as fraud in 2024 by union Bank of India.
Reliance Home Finance Ltd. had availed loans amounting to Rs 5,572.35 crore from 18 banks, financial institutions, NBFCs and corporate bodies, including union Bank of India. A detailed investigation is underway to probe allegations that the accused company defrauded multiple banks and financial institutions.
Earlier in 2025, the CBI obtained search warrants from the court of the Special Judge for CBI in Mumbai and conducted searches at two official premises of Reliance Home Finance Ltd., the residential premises of Jai Anmol Ambani son of Anil Ambani and former Director of the company—and the residence of Ravindra Sudhalkar, former CEO and Whole-Time Director of RHFL, all located in Mumbai.
Several incriminating documents were seized during the searches.
