CBI arrests former CEOs of RCFL, RHFL in Reliance ADA Group loan diversion case; Rs 7,623 cr loss to PSBs

According to the CBI, the two former executives are accused of causing a combined wrongful loss of Rs 7,623 crore to public sector banks. In the RCFL case, the agency said the accused caused a loss of Rs. 4097 crores to 13 Public Sector Banks (PSBs). In the RHFL case, the loss amount is Rs. 3526 crores to 10 PSBs.