Major Chinese banks demand $2.1 billion from Anil Ambani
Shortpedia
Content Team
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Major Chinese lenders, China Development Bank, Industrial, and Commercial Bank of China and Exim Bank of China, are demanding $2.1 billion from Reliance Communications Ltd owner Anil Ambani, which is facing the situation of bankruptcy at present. China Development Bank lends $1.4 billion to him and is the biggest creditor to RCom Ltd., says filing made by the Indian firm to stock exchanges.
