Lenders jittery as Anil Ambani's wealth falls 26% since January to $1.2 bn

Reliance Communications’ (RCom’s) creditors are worried because promoter Anil Ambani’s personal net worth has declined by 26 per cent since January this year to $1.2 billion, thanks to a steady fall in the share prices of group companies.
 
According to statistics collated by Bloomberg, Ambani has lost close to $408 million of personal wealth year-to-date until Tuesday.
 
“It looks that the chances of our money coming back are slim,” said a Mumbai-based lender.
 
RCom owes Indian banks close to Rs 45,000 crore and has not paid its dues since June 2017.  It has now moved the National