Reliance Group Chairman Anil Ambani appeared before the Enforcement Directorate (ED) on Thursday to clarify on the group’s exposure to YES Bank, and sought more time from the agency to provide further clarifications on some specific queries. The probe agency has asked him to appear again on March 30.
Ambani had been called by the ED in connection with an ongoing money laundering case against YES Bank co-founder Rana Kapoor. Ambani was asked to furnish some important details which are crucial for the case, said an ED official. ADAG is amongst the largest borrower of the bank, with an exposure of