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The Hindu·3 min read·hard

Ex-CFO of Reliance Capital Limited held in connection with probe into Reliance ADA Group cases: CBI

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Ex-CFO of Reliance Capital Limited held in connection with probe into Reliance ADA Group cases: CBI
AI Summary

The CBI has arrested Amit Bapna, the former CFO of Reliance Capital Limited, regarding an ongoing investigation into financial irregularities within the Reliance ADA Group. Bapna is accused of facilitating illegal loans in violation of RBI guidelines.

Why it matters

This arrest marks a significant development in the high-profile investigation into corporate financial misconduct and the diversion of funds from public sector banks.

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The Central Bureau of Investigation (CBI) has arrested the former chief financial officer of Reliance Capital Limited, Amit Bapna, in connection with its ongoing investigation into Reliance ADA Group cases, officials said on Saturday (July 4, 2026).

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The article relies on official statements from the CBI and reports the legal status of the accused without taking a side.

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