Three Chinese banks — Industrial and Commercial Bank of China Ltd (ICBC), China Development Bank and the Export-Import Bank of China — are suing Ambani in the high court here for more than $700 million (over Rs 5,000 crore) , including interest, for defaulting on a loan they gave Reliance Communications (RCom) — now in insolvency proceedings — in February 2012, which RCom defaulted on.from Business News: Latest News on Business, Stock Markets, Financial News, India Business & World Business News https://ift.tt/39kXf4z
My net worth is now zero: Anil Ambani in UK court
![My net worth is now zero: Anil Ambani in UK court]()
Reviewed by Space encyclopaedia
on
February 07, 2020
Rating:
