Anil Ambani has been struggling with his businesses after a shadow lending crisis in India in 2018 dried up funds for local banks and financiers. Reuters
Anil Ambani has been struggling with his businesses after a shadow lending crisis in India in 2018 dried up funds for local banks and financiers. Reuters

Business

Markets

India's Anil Ambani quits his companies’ boards after regulator order

The Securities and Exchange Board of India ordered him to resign for alleged diversion of funds

Bloomberg

March 26, 2022