The Central Bureau of Investigation (CBI) has filed a case against Reliance Communications (RCom) and its promoter-director Anil Ambani for an alleged bank fraud exceeding Rs 2,000 crore, causing losses to the State Bank of India (SBI), officials said on Saturday, reported the PTI.

The CBI on Saturday also conducted searches at Anil Ambani’s residence and various premises connected to RCom in relation to the case, sources said.

The action follows a formal complaint from SBI, which approached the CBI after RCom and its associated entities were classified as fraudulent on June 13, 2025, in accordance with the RBI’s Master Directions on Fraud Risk Management and the bank’s internal policy on fraud classification and reporting, according to the PTI.