On Thursday, the Supreme Court of India dismissed Anil Dhirubhai Ambani's challenge against the classification of loan accounts for Reliance Communications as 'fraud'. The court highlighted serious allegations of siphoning and diversion of public funds, urging Ambani to pursue his case in civil court where a related suit is ongoing. Ambani expressed willingness to negotiate with banks, but the bench, led by Chief Justice Surya Kant, stated it would not intervene at this stage since substantive issues are pending. The court noted that a forensic audit report from October 2020 revealed irregularities totaling approximately ₹31,580 crore across entities of the Anil Dhirubhai Ambani Group (ADAG). Following this, multiple banks classified Ambani as a 'fraud' borrower in September 2025. The Supreme Court's ruling comes amid intensified criminal investigations into alleged large-scale bank fraud involving ADAG companies, with the Central Bureau of Investigation alleging losses exceeding ₹2,200 crore linked to loans taken by Reliance Communications. Additionally, the Enforcement Directorate has arrested two former executives in connection with a money laundering probe related to Reliance Home Finance and Reliance Commercial Finance, further complicating Ambani's legal challenges.