CBI Questions Jai Anmol Ambani for Second Consecutive Day in Bank Loan Case

PTI, March 14, 2026, New Delhi : The CBI questioned Anil Ambani's son, Jai Anmol Ambani, for nearly five hours for a second consecutive day on Saturday in connection with an alleged Rs 228-crore fraud involving the Union Bank of India, officials said.

Jai Anmol Ambani, the former director of Reliance Home Finance Limited (RHFL), was quizzed at the federal agency's headquarters here in connection with the bank-fraud case, in which he was booked along with RHFL's former CEO and whole-time director Ravindra Sudhakar, among others, they said.

There was no immediate reaction from the company.

The Central Bureau of Investigation (CBI) conducted searches at Jai Anmol Ambani's residence on December 9, 2025, after lodging an FIR against him and others.

The CBI had acted on a complaint from the Union Bank of India (previously, the Andhra Bank), alleging that the company did not repay the credit availed from the bank, which turned the account into a non-performing asset (NPA) in 2019.

The CBI registered a criminal case against RHFL — a Reliance ADA Group company — its promoters and directors and unidentified bank officials on the basis of the bank's complaint on allegations of criminal conspiracy, cheating and criminal misconduct, and thereby causing a wrongful loss of Rs 228.06 crore to the bank, a CBI spokesperson said on Friday.

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