June 22, 2026

NEW DELHI: Cabinet Tuesday gave its approval for restructuring and reorienting the Jal Jeevan Mission (JJM) and extended its timeline to Dec 2028 with an enhanced total outlay of around Rs 8.7 lakh crore.The focus the restructured JJM 2.0 would be on service delivery, supported by drinking water governance and institutional ecosystem for sustainable piped potable water supply.This will be done through a uniform national digital framework, namely “Sujalam Bharat”, under which every village will be assigned a unique Sujal Gaon/Service Area ID, digitally mapping the complete drinking water supply system from source to tap.Israel Iran WarUS-Israel-Iran War News Live Updates: UAE embassy in Iraq attacked, Hezbollah drones target IsraelCommercial LPG Supply Disruption: Hotels face shutdowns in major cities; govt forms panelHow much has US-Iran war hit India’s oil, LPG, LNG supply? Top 10 points to know on petrol, diesel prices, LPG supplyThe outlay of Rs 8.7 lakh crore for the programme includes central assistance of nearly Rs 3.6 lakh crore – an increase of more than Rs 1.5 lakh crore over the around Rs 2.1 lakh crore approved in 2019-20.The mission aims to provide drinking water through taps to households in rural India.End of ArticleFollow Us On Social MediaVideosUAE Ambassador Slams Tehran Strikes, Says India’s Voice ‘Carries Weight’ In West Asia‘Iran’s New Leader Won’t Live In Peace’, Says Trump; Tehran warns ‘Beware, Lest You Be Eliminated’’Om Birla Perfected Art Of Turning Off Microphones Of Oppn MPs’: Explosive Mahua Moitra In Lok SabhaPost-Operation Sindoor, India Formalises Its Military Transformation Blueprint With Vision 2047’There’s Only One Leader Who…’: Priyanka’s Counter-Attack On Rijiju’s ‘Hug And Wink’ Dig At RahulAsaduddin Owaisi Questions Legality Of Speaker Role During No-Confidence Motion In Lok SabhaGaurav Gogoi Targets Kiren Rijiju Over Interruptions, Amit Shah Hits Back With ‘Irresponsible’ Jibe’Is Rahul Gandhi Above Speaker?’ Kiren Rijiju Slams Opposition During Motion Against Om BirlaCentre Invokes Essential Commodities Act To Regulate LPG Supply Amid Iran War’Baseless’: BJP MP Ravi Shankar Prasad Blasts KC Venugopal’s ‘Constitutional Vacuum’ Charge123PhotostoriesMeet Marta Ortega Pérez: The billionaire heiress redefining the Zara empireHow to make Street-Style Chowmein at home10 countries with the most cultural influence in the worldLPG Gas Cylinder Shortage: 7 popular gas-stove dishes you can make in a microwaveRashmika Mandanna and Vijay Deverakonda’s Pradhanam-Mehendi festivities were a kaleidoscope of couture and tradition | See photosFake turmeric powder in the market? How to check the purity of turmeric powder at home and 5 ways to consume itInterstellar, Einstein and the strange elasticity of timeRumoured couple Trisha Krishnan and Vijay Thalapathy step out in matching style – is this twinning intentional?Inside Mohammed Siraj’s Car Collection: 5 luxury cars owned by the Indian fast bowlerNormal BP but frequent headaches? Cardiologist explains hidden hypertension warning signs and why regular monitoring is key to preventing heart disease123Hot PicksIT rulesUAE Travel AlertUCC gender biasCovid vaccine compensation policyIncome Tax CalculatorPublic holidays March 2026Bank Holidays MarchTop TrendingIran War Impact on IndiaParliament Budget SessionUS Strike on Iran OilBengal assembly electionsUS military strikes IranSwitzerland bus fireIran WarBrain dead womenBhadreshkumar PatelTexas visa fraud

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NEW DELHI: Cabinet Tuesday gave its approval for restructuring and reorienting the Jal Jeevan Mission (JJM) and extended its timeline to Dec 2028 with an enhanced total outlay of around Rs 8.7 lakh crore.The focus the restructured JJM 2.0 would be on service delivery, supported by drinking water governance and institutional ecosystem for sustainable piped potable water supply.This will be done through a uniform national digital framework, namely “Sujalam Bharat”, under which every village will be assigned a unique Sujal Gaon/Service Area ID, digitally mapping the complete drinking water supply system from source to tap.Israel Iran WarUS-Israel-Iran War News Live Updates: UAE embassy in Iraq attacked, Hezbollah drones target IsraelCommercial LPG Supply Disruption: Hotels face shutdowns in major cities; govt forms panelHow much has US-Iran war hit India’s oil, LPG, LNG supply? Top 10 points to know on petrol, diesel prices, LPG supplyThe outlay of Rs 8.7 lakh crore for the programme includes central assistance of nearly Rs 3.6 lakh crore – an increase of more than Rs 1.5 lakh crore over the around Rs 2.1 lakh crore approved in 2019-20.The mission aims to provide drinking water through taps to households in rural India.End of ArticleFollow Us On Social MediaVideosUAE Ambassador Slams Tehran Strikes, Says India’s Voice ‘Carries Weight’ In West Asia‘Iran’s New Leader Won’t Live In Peace’, Says Trump; Tehran warns ‘Beware, Lest You Be Eliminated’’Om Birla Perfected Art Of Turning Off Microphones Of Oppn MPs’: Explosive Mahua Moitra In Lok SabhaPost-Operation Sindoor, India Formalises Its Military Transformation Blueprint With Vision 2047’There’s Only One Leader Who…’: Priyanka’s Counter-Attack On Rijiju’s ‘Hug And Wink’ Dig At RahulAsaduddin Owaisi Questions Legality Of Speaker Role During No-Confidence Motion In Lok SabhaGaurav Gogoi Targets Kiren Rijiju Over Interruptions, Amit Shah Hits Back With ‘Irresponsible’ Jibe’Is Rahul Gandhi Above Speaker?’ Kiren Rijiju Slams Opposition During Motion Against Om BirlaCentre Invokes Essential Commodities Act To Regulate LPG Supply Amid Iran War’Baseless’: BJP MP Ravi Shankar Prasad Blasts KC Venugopal’s ‘Constitutional Vacuum’ Charge123PhotostoriesMeet Marta Ortega Pérez: The billionaire heiress redefining the Zara empireHow to make Street-Style Chowmein at home10 countries with the most cultural influence in the worldLPG Gas Cylinder Shortage: 7 popular gas-stove dishes you can make in a microwaveRashmika Mandanna and Vijay Deverakonda’s Pradhanam-Mehendi festivities were a kaleidoscope of couture and tradition | See photosFake turmeric powder in the market? How to check the purity of turmeric powder at home and 5 ways to consume itInterstellar, Einstein and the strange elasticity of timeRumoured couple Trisha Krishnan and Vijay Thalapathy step out in matching style – is this twinning intentional?Inside Mohammed Siraj’s Car Collection: 5 luxury cars owned by the Indian fast bowlerNormal BP but frequent headaches? Cardiologist explains hidden hypertension warning signs and why regular monitoring is key to preventing heart disease123Hot PicksIT rulesUAE Travel AlertUCC gender biasCovid vaccine compensation policyIncome Tax CalculatorPublic holidays March 2026Bank Holidays MarchTop TrendingIran War Impact on IndiaParliament Budget SessionUS Strike on Iran OilBengal assembly electionsUS military strikes IranSwitzerland bus fireIran WarBrain dead womenBhadreshkumar PatelTexas visa fraud


Jal mission restructuring gets approval

NEW DELHI: Cabinet Tuesday gave its approval for restructuring and reorienting the Jal Jeevan Mission (JJM) and extended its timeline to Dec 2028 with an enhanced total outlay of around Rs 8.7 lakh crore.The focus the restructured JJM 2.0 would be on service delivery, supported by drinking water governance and institutional ecosystem for sustainable piped potable water supply.This will be done through a uniform national digital framework, namely “Sujalam Bharat”, under which every village will be assigned a unique Sujal Gaon/Service Area ID, digitally mapping the complete drinking water supply system from source to tap.The outlay of Rs 8.7 lakh crore for the programme includes central assistance of nearly Rs 3.6 lakh crore – an increase of more than Rs 1.5 lakh crore over the around Rs 2.1 lakh crore approved in 2019-20.The mission aims to provide drinking water through taps to households in rural India.



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Ajit Doval holds ‘constructive” talks on normalising ties with China FM Wang Yi, discusses Middle East situation with Iranian Dy Secy Defence Ghadir Nezamipour National Security Adviser Ajit Doval on Monday held a series of high-level bilateral meetings, including talks with Chinese foreign minister Wang Yi and senior Iranian security official Ghadir Nezamipour, as New Delhi hosted the BRICS National Security Advisers’ conclave amid growing geopolitical tensions and shifting regional dynamics.India is hosting the two-day security meeting in its capacity as the current chair of BRICS, bringing together top security officials from the expanded grouping for discussions on regional and global security challenges.In one of the most closely watched engagements, Doval met Chinese Foreign Minister Wang Yi on the sidelines of the conclave. According to the Ministry of External Affairs (MEA), the two sides reviewed recent developments in bilateral ties and noted progress towards the gradual normalisation of relations.Sharing details of the meeting on X, MEA spokesperson Randhir Jaiswal said, “The two sides reviewed recent developments in bilateral relations and noted progress towards gradual normalisation. NSA underlined that stable, predictable and constructive bilateral relations contribute to building trust and better understanding between the two sides. The discussions were constructive and forward-looking.”Foreign Secretary Vikram Misri, Ambassador Vikram Doraiswami and Lt Gen Rajiv Ghai were among the Indian officials present during the talks.The meeting comes as India and China continue efforts to rebuild ties following years of tension triggered by the 2020 border clashes. Since 2024, both sides have gradually moved towards de-escalation and increased diplomatic engagement. The latest interaction follows a series of meetings between Prime Minister Narendra Modi and Chinese President Xi Jinping on the sidelines of international summits, including the SCO Summit in Tianjin last year.The two leaders had then welcomed the positive momentum in bilateral ties and reiterated that India and China should remain development partners rather than rivals, while ensuring that differences do not turn into disputes.Separately, Doval also held wide-ranging discussions with Ghadir Nezamipour, Deputy Secretary for Defence Affairs at Iran’s Supreme National Security Council (SNSC), focusing on the evolving security situation in West Asia.”Both sides reviewed the ongoing situation in West Asia. They also discussed cooperation under the BRICS platform and India-Iran bilateral ties,” Jaiswal said.The visit marks the first trip to India by a senior Iranian official since Tehran reached a peace agreement with Washington, adding significance to the discussions amid continuing regional uncertainty.The BRICS security conclave, which formally began on Monday, is expected to focus extensively on the security situation in West Asia, the Russia-Ukraine conflict, terrorism and other emerging geopolitical challenges. Besides Wang Yi, Russian Security Council Secretary Sergei Shoigu and senior security officials from other BRICS nations are participating in the deliberations.India is also expected to raise concerns relating to terrorism, including cross-border terror activities targeting Jammu and Kashmir by Pakistan-based groups. The situation in Afghanistan and tensions involving Pakistan are also likely to feature in the discussions, according to people familiar with the matter.The meeting takes place against the backdrop of growing complexity within the expanded BRICS grouping. Originally comprising Brazil, Russia, India, China and South Africa, the bloc expanded in 2024 to include Egypt, Ethiopia, Iran and the United Arab Emirates, with Indonesia joining in 2025.Today, BRICS represents around 49.5 per cent of the world’s population, nearly 40 per cent of global GDP and approximately 26 per cent of global trade, making it one of the most influential platforms for emerging economies.However, differing geopolitical priorities among members continue to pose challenges. At the BRICS Foreign Ministers’ Meeting in May, member states failed to agree on a joint statement after differences emerged, particularly between Iran and the UAE over developments in West Asia. As BRICS operates on the basis of consensus, India had instead issued a chair’s statement and outcome document reflecting areas of agreement while noting issues on which unanimity could not be reached.Get the latest India news and live updates. Download the TOI App.About the AuthorTOI News DeskThe TOI News Desk comprises a dedicated and tireless team of journalists who operate around the clock to deliver the most current and comprehensive news and updates to the readers of The Times of India worldwide. With an unwavering commitment to excellence in journalism, our team is at the forefront of gathering, verifying, and presenting breaking news, in-depth analysis, and insightful reports on a wide range of topics. 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Ajit Doval holds ‘constructive” talks on normalising ties with China FM Wang Yi, discusses Middle East situation with Iranian Dy Secy Defence Ghadir Nezamipour National Security Adviser Ajit Doval on Monday held a series of high-level bilateral meetings, including talks with Chinese foreign minister Wang Yi and senior Iranian security official Ghadir Nezamipour, as New Delhi hosted the BRICS National Security Advisers’ conclave amid growing geopolitical tensions and shifting regional dynamics.India is hosting the two-day security meeting in its capacity as the current chair of BRICS, bringing together top security officials from the expanded grouping for discussions on regional and global security challenges.In one of the most closely watched engagements, Doval met Chinese Foreign Minister Wang Yi on the sidelines of the conclave. According to the Ministry of External Affairs (MEA), the two sides reviewed recent developments in bilateral ties and noted progress towards the gradual normalisation of relations.Sharing details of the meeting on X, MEA spokesperson Randhir Jaiswal said, “The two sides reviewed recent developments in bilateral relations and noted progress towards gradual normalisation. NSA underlined that stable, predictable and constructive bilateral relations contribute to building trust and better understanding between the two sides. The discussions were constructive and forward-looking.”Foreign Secretary Vikram Misri, Ambassador Vikram Doraiswami and Lt Gen Rajiv Ghai were among the Indian officials present during the talks.The meeting comes as India and China continue efforts to rebuild ties following years of tension triggered by the 2020 border clashes. Since 2024, both sides have gradually moved towards de-escalation and increased diplomatic engagement. The latest interaction follows a series of meetings between Prime Minister Narendra Modi and Chinese President Xi Jinping on the sidelines of international summits, including the SCO Summit in Tianjin last year.The two leaders had then welcomed the positive momentum in bilateral ties and reiterated that India and China should remain development partners rather than rivals, while ensuring that differences do not turn into disputes.Separately, Doval also held wide-ranging discussions with Ghadir Nezamipour, Deputy Secretary for Defence Affairs at Iran’s Supreme National Security Council (SNSC), focusing on the evolving security situation in West Asia.”Both sides reviewed the ongoing situation in West Asia. 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The action was confirmed by Union minister of state for finance Pankaj Chaudhary in a letter to Naveen Patnaik NEW DELHI: A bank branch manager in Odisha Grameen Bank has been suspended, and all 28 Regional Rural Banks (RRBs) across India have been directed to provide more compassionate and transparent customer service. The directive comes in reference to the infamous incident of a tribal man carrying his sister’s skeleton to a bank as proof of her death in a bid to access money from her savings account. The action was confirmed by Union minister of state for finance Pankaj Chaudhary in a letter to Odisha assembly leader of opposition Naveen Patnaik.In his June 12 response to Patnaik, Chaudhary said the department of financial services had taken a serious view of the incident and issued an advisory to all RRBs on May 29 to prevent similar occurrences, particularly among customers from rural, tribal and other vulnerable communities.”However, the incident has been viewed seriously by the Department of Financial Services. This Department acknowledges that while strict adherence to prescribed procedures is essential in banking operations, it is equally important that such procedures are implemented with due sensitivity, empathy, and effective communication, particularly in rural and tribal areas,” the minister wrote.According to the letter, Odisha Grameen Bank (OGB) suspended the branch manager of its Malliposi branch, where the incident took place. The bank has also issued an advisory, with the approval of its board, instructing field staff to ensure compassionate and transparent service delivery to customers.The Department of Financial Services subsequently expanded those directions nationwide, asking all 28 RRBs to ensure responsive, compassionate and transparent customer service, especially for people from rural, tribal and vulnerable sections of society.The case came to national attention after Patnaik wrote to Chaudhary on May 2, raising concerns about the difficulties allegedly faced by the family due to procedural delays at the bank branch.Following a review of the matter with Odisha Grameen Bank, the ministry was informed that the deceased account holder, Kalra Munda, had not registered a surviving nominee. As a result, settlement of the claim required prescribed documentation, including a death certificate and legal heir details.The bank said that after intervention by the local administration, the required documents were issued and the claim amount of Rs 19,402 was released to Jeetu Munda and two other legal heirs of the deceased depositor.The incident involved a tribal man carrying the skeleton of his sister to the bank to establish proof of her death and withdraw funds from her savings account, triggering widespread outrage and scrutiny of banking procedures in rural areas.Get the latest India news and live updates. Download the TOI App.About the AuthorTOI News DeskThe TOI News Desk comprises a dedicated and tireless team of journalists who operate around the clock to deliver the most current and comprehensive news and updates to the readers of The Times of India worldwide. With an unwavering commitment to excellence in journalism, our team is at the forefront of gathering, verifying, and presenting breaking news, in-depth analysis, and insightful reports on a wide range of topics. The TOI News Desk is your trusted source for staying informed and connected to the ever-evolving global landscape, ensuring that our readers are equipped with the latest developments that matter most.”Read MoreEnd of ArticleFollow Us On Social MediaVideosStudents Jump, Rescuers Breach Walls: Inside The Lucknow Fire Tragedy That Claimed 15 LivesTMC Civil War Escalates As Rebels Claim Control Of Party, Removes ‘Supremo’ Mamata BanerjeeNEET Re-Test Heartbreak: Students Cry Outside Centres After Missing Entry DeadlineWest Bengal’s First BJP Budget: 1 Lakh Jobs, DA Hike, New Airport, Cut In Minority Affairs FundsUP CM Yogi Vows Action, Dy CM Breaks Down After 15 Students Killed In Lucknow Fire TragedySix Shiv Sena (UBT) MPs Join Shinde Camp, Uddhav Suffers Fresh Political BlowUAE In Talks To Buy BrahMos Missile, Akashteer Air Defence System From India: ReportMahua’s ‘Rs 4 Crore Upfront’ Claim Sparks Defamation Threat; 20 Rebel TMC MPs To Sue Moitra | Watch84% Of Indians May Now Live In Urban Areas; India May Create A Third Settlement CategoryUS Approves 2.2 Million Military Support Deal for India’s Apache Helicopters and M777 Howitzers123PhotostoriesAlways tired, forgetful or feeling pins and needles? 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The action was confirmed by Union minister of state for finance Pankaj Chaudhary in a letter to Naveen Patnaik NEW DELHI: A bank branch manager in Odisha Grameen Bank has been suspended, and all 28 Regional Rural Banks (RRBs) across India have been directed to provide more compassionate and transparent customer service. The directive comes in reference to the infamous incident of a tribal man carrying his sister’s skeleton to a bank as proof of her death in a bid to access money from her savings account. The action was confirmed by Union minister of state for finance Pankaj Chaudhary in a letter to Odisha assembly leader of opposition Naveen Patnaik.In his June 12 response to Patnaik, Chaudhary said the department of financial services had taken a serious view of the incident and issued an advisory to all RRBs on May 29 to prevent similar occurrences, particularly among customers from rural, tribal and other vulnerable communities.”However, the incident has been viewed seriously by the Department of Financial Services. This Department acknowledges that while strict adherence to prescribed procedures is essential in banking operations, it is equally important that such procedures are implemented with due sensitivity, empathy, and effective communication, particularly in rural and tribal areas,” the minister wrote.According to the letter, Odisha Grameen Bank (OGB) suspended the branch manager of its Malliposi branch, where the incident took place. The bank has also issued an advisory, with the approval of its board, instructing field staff to ensure compassionate and transparent service delivery to customers.The Department of Financial Services subsequently expanded those directions nationwide, asking all 28 RRBs to ensure responsive, compassionate and transparent customer service, especially for people from rural, tribal and vulnerable sections of society.The case came to national attention after Patnaik wrote to Chaudhary on May 2, raising concerns about the difficulties allegedly faced by the family due to procedural delays at the bank branch.Following a review of the matter with Odisha Grameen Bank, the ministry was informed that the deceased account holder, Kalra Munda, had not registered a surviving nominee. As a result, settlement of the claim required prescribed documentation, including a death certificate and legal heir details.The bank said that after intervention by the local administration, the required documents were issued and the claim amount of Rs 19,402 was released to Jeetu Munda and two other legal heirs of the deceased depositor.The incident involved a tribal man carrying the skeleton of his sister to the bank to establish proof of her death and withdraw funds from her savings account, triggering widespread outrage and scrutiny of banking procedures in rural areas.Get the latest India news and live updates. Download the TOI App.About the AuthorTOI News DeskThe TOI News Desk comprises a dedicated and tireless team of journalists who operate around the clock to deliver the most current and comprehensive news and updates to the readers of The Times of India worldwide. With an unwavering commitment to excellence in journalism, our team is at the forefront of gathering, verifying, and presenting breaking news, in-depth analysis, and insightful reports on a wide range of topics. The TOI News Desk is your trusted source for staying informed and connected to the ever-evolving global landscape, ensuring that our readers are equipped with the latest developments that matter most.”Read MoreEnd of ArticleFollow Us On Social MediaVideosStudents Jump, Rescuers Breach Walls: Inside The Lucknow Fire Tragedy That Claimed 15 LivesTMC Civil War Escalates As Rebels Claim Control Of Party, Removes ‘Supremo’ Mamata BanerjeeNEET Re-Test Heartbreak: Students Cry Outside Centres After Missing Entry DeadlineWest Bengal’s First BJP Budget: 1 Lakh Jobs, DA Hike, New Airport, Cut In Minority Affairs FundsUP CM Yogi Vows Action, Dy CM Breaks Down After 15 Students Killed In Lucknow Fire TragedySix Shiv Sena (UBT) MPs Join Shinde Camp, Uddhav Suffers Fresh Political BlowUAE In Talks To Buy BrahMos Missile, Akashteer Air Defence System From India: ReportMahua’s ‘Rs 4 Crore Upfront’ Claim Sparks Defamation Threat; 20 Rebel TMC MPs To Sue Moitra | Watch84% Of Indians May Now Live In Urban Areas; India May Create A Third Settlement CategoryUS Approves $482.2 Million Military Support Deal for India’s Apache Helicopters and M777 Howitzers123PhotostoriesAlways tired, forgetful or feeling pins and needles? Doctor says these silent symptoms could point to vitamin B12 deficiencyMaharashtra’s reverse waterfall to Ladakh’s magnetic hill: 5 Indian places that defy scienceWhat would you do? My closest friend keeps joking about my weight in front of everyone; Here’s what these 4 women did about itJanhvi to Shanaya: How the Kapoor clan brought wedding fashion goals to Anshula Kapoor’s pre-wedding festivityCan a child’s favourite drink increase the risk of obesity and high blood pressure? doctor explainsThe hidden history of kajal: Why ancient Indian women never left home without it10 beautiful baby girl names that mean ‘Beauty’ in different languages5 signs of a healthy gut, an NHS doc explainsWhat if the secret to a healthier ageing brain has been sitting in your fruit bowl all along? Study finds7 unforgettable FIFA World Cup matches and the legendary stadiums where they were played123Hot PicksCGBSE NMMSE result 2026Gold rate todayIndia-US trade dealGorakhpur rapeAfrican proverb of the dayBest proverbWeather forecast tomorrowPortuguese proverb of the daySpanish proverb of the dayTop TrendingDelhi MurderUS-Iran WarBadlapur AccidentFIFA World Cup 2026Shiv Sena UBTTamil Nadu Ammonia Gas LeakNEET UG ExamGold rate todayDelhi weatherMumbai rain

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CBI arrested former CEOs of Reliance Commercial Finance Limited (RCFL) and Reliance Home Finance Limited (RHFL) NEW DELHI: The CBI arrested former CEOs of Reliance Commercial Finance Limited (RCFL) and Reliance Home Finance Limited (RHFL) on Monday in connection with separate cases pertaining to an alleged fraud of Rs 7,623 crore in multiple public sector banks, officials said.The CBI has arrested former RCFL director and chief executive officer Devang Mody and former executive director and CEO of RHFL Ravindra Sudhalkar, they said.”In RCFL case, the accused have caused a loss of Rs 4,097 crore to 13 Public Sector Banks (PSBs), whereas in RHFL, the loss amount is Rs 3,526 crore to 10 PSBs,” a CBI spokesperson said in a statement.The CBI probe has shown that Mody, who was the CEO of RCFL from April 2017 to December 2018, “was a key decision-maker” responsible for managing the operations of the company, the agency said.”He approved loans to intermediary and conduit companies despite being aware that such lending was contrary to RBI guidelines and the sanction conditions governing borrowings from Public Sector Banks,” the statement said.Sudhalkar served as the ED and CEO of RHFL from October 1, 2016, to March 31, 2022, it said.”He was a key decision-maker responsible for managing the operations of Reliance Home Finance Limited (RHFL). He approved loans to intermediary and conduit companies despite such lending being contrary to the company’s lending policies, NHB/RBI guidelines and the conditions governing borrowings from Public Sector Banks,” the statement said.The agency alleged that the accused diverted funds borrowed by RCFL and RHFL to Reliance ADA Group companies, including Reliance Capital Limited, Reliance Infrastructure Limited and Reliance Power Limited, thereby causing a combined wrongful loss of Rs 7,623 crore to the lending banks and corresponding wrongful gain to themselves and related entities.The CBI has registered seven FIRs against Reliance Communications Limited (RCom), RHFL, RCFL and Reliance Telecom Limited (RTL), based on complaints received from various PSBs and the Life Insurance Corporation of India (LIC).The agency has arrested five persons in Reliance ADA Group-related cases. It filed its first chargesheet in the RCom case on May 29 against 16 accused — the company, five senior executives of RCom and 10 bank officials. PTIGet the latest India news and live updates. Download the TOI App.End of ArticleFollow Us On Social MediaVideosTMC Civil War Escalates As Rebels Claim Control Of Party, Removes ‘Supremo’ Mamata BanerjeeNEET Re-Test Heartbreak: Students Cry Outside Centres After Missing Entry DeadlineWest Bengal’s First BJP Budget: 1 Lakh Jobs, DA Hike, New Airport, Cut In Minority Affairs FundsUP CM Yogi Vows Action, Dy CM Breaks Down After 15 Students Killed In Lucknow Fire TragedySix Shiv Sena (UBT) MPs Join Shinde Camp, Uddhav Suffers Fresh Political BlowUAE In Talks To Buy BrahMos Missile, Akashteer Air Defence System From India: ReportMahua’s ‘Rs 4 Crore Upfront’ Claim Sparks Defamation Threat; 20 Rebel TMC MPs To Sue Moitra | Watch84% Of Indians May Now Live In Urban Areas; India May Create A Third Settlement CategoryUS Approves 2.2 Million Military Support Deal for India’s Apache Helicopters and M777 HowitzersArmed Nihangs, 2 hostages: How A Gurdwara Standoff Unfolded In Uttarakhand123PhotostoriesWhat would you do? My closest friend keeps joking about my weight in front of everyone; Here’s what these 4 women did about itJanhvi to Shanaya: How the Kapoor clan brought wedding fashion goals to Anshula Kapoor’s pre-wedding festivityCan a child’s favourite drink increase the risk of obesity and high blood pressure? doctor explainsThe hidden history of kajal: Why ancient Indian women never left home without it10 beautiful baby girl names that mean ‘Beauty’ in different languages5 signs of a healthy gut, an NHS doc explainsWhat if the secret to a healthier ageing brain has been sitting in your fruit bowl all along? Study finds7 unforgettable FIFA World Cup matches and the legendary stadiums where they were played10 Plants to grow in July in Australia: Vegetables, herbs and flowers that thrive in winterFrom marriage market to witch market: 10 unique bazaars across the globe worth travelling for123Hot PicksCGBSE NMMSE result 2026Gold rate todayIndia-US trade dealGorakhpur rapeAfrican proverb of the dayBest proverbWeather forecast tomorrowPortuguese proverb of the daySpanish proverb of the dayTop TrendingDelhi MurderUS-Iran WarBadlapur AccidentFIFA World Cup 2026Shiv Sena UBTTamil Nadu Ammonia Gas LeakNEET UG ExamGold rate todayDelhi weatherMumbai rain

CBI arrested former CEOs of Reliance Commercial Finance Limited (RCFL) and Reliance Home Finance Limited (RHFL) NEW DELHI: The CBI arrested former CEOs of Reliance Commercial Finance Limited (RCFL) and Reliance Home Finance Limited (RHFL) on Monday in connection with separate cases pertaining to an alleged fraud of Rs 7,623 crore in multiple public sector banks, officials said.The CBI has arrested former RCFL director and chief executive officer Devang Mody and former executive director and CEO of RHFL Ravindra Sudhalkar, they said.”In RCFL case, the accused have caused a loss of Rs 4,097 crore to 13 Public Sector Banks (PSBs), whereas in RHFL, the loss amount is Rs 3,526 crore to 10 PSBs,” a CBI spokesperson said in a statement.The CBI probe has shown that Mody, who was the CEO of RCFL from April 2017 to December 2018, “was a key decision-maker” responsible for managing the operations of the company, the agency said.”He approved loans to intermediary and conduit companies despite being aware that such lending was contrary to RBI guidelines and the sanction conditions governing borrowings from Public Sector Banks,” the statement said.Sudhalkar served as the ED and CEO of RHFL from October 1, 2016, to March 31, 2022, it said.”He was a key decision-maker responsible for managing the operations of Reliance Home Finance Limited (RHFL). He approved loans to intermediary and conduit companies despite such lending being contrary to the company’s lending policies, NHB/RBI guidelines and the conditions governing borrowings from Public Sector Banks,” the statement said.The agency alleged that the accused diverted funds borrowed by RCFL and RHFL to Reliance ADA Group companies, including Reliance Capital Limited, Reliance Infrastructure Limited and Reliance Power Limited, thereby causing a combined wrongful loss of Rs 7,623 crore to the lending banks and corresponding wrongful gain to themselves and related entities.The CBI has registered seven FIRs against Reliance Communications Limited (RCom), RHFL, RCFL and Reliance Telecom Limited (RTL), based on complaints received from various PSBs and the Life Insurance Corporation of India (LIC).The agency has arrested five persons in Reliance ADA Group-related cases. It filed its first chargesheet in the RCom case on May 29 against 16 accused — the company, five senior executives of RCom and 10 bank officials. PTIGet the latest India news and live updates. Download the TOI App.End of ArticleFollow Us On Social MediaVideosTMC Civil War Escalates As Rebels Claim Control Of Party, Removes ‘Supremo’ Mamata BanerjeeNEET Re-Test Heartbreak: Students Cry Outside Centres After Missing Entry DeadlineWest Bengal’s First BJP Budget: 1 Lakh Jobs, DA Hike, New Airport, Cut In Minority Affairs FundsUP CM Yogi Vows Action, Dy CM Breaks Down After 15 Students Killed In Lucknow Fire TragedySix Shiv Sena (UBT) MPs Join Shinde Camp, Uddhav Suffers Fresh Political BlowUAE In Talks To Buy BrahMos Missile, Akashteer Air Defence System From India: ReportMahua’s ‘Rs 4 Crore Upfront’ Claim Sparks Defamation Threat; 20 Rebel TMC MPs To Sue Moitra | Watch84% Of Indians May Now Live In Urban Areas; India May Create A Third Settlement CategoryUS Approves $482.2 Million Military Support Deal for India’s Apache Helicopters and M777 HowitzersArmed Nihangs, 2 hostages: How A Gurdwara Standoff Unfolded In Uttarakhand123PhotostoriesWhat would you do? My closest friend keeps joking about my weight in front of everyone; Here’s what these 4 women did about itJanhvi to Shanaya: How the Kapoor clan brought wedding fashion goals to Anshula Kapoor’s pre-wedding festivityCan a child’s favourite drink increase the risk of obesity and high blood pressure? doctor explainsThe hidden history of kajal: Why ancient Indian women never left home without it10 beautiful baby girl names that mean ‘Beauty’ in different languages5 signs of a healthy gut, an NHS doc explainsWhat if the secret to a healthier ageing brain has been sitting in your fruit bowl all along? Study finds7 unforgettable FIFA World Cup matches and the legendary stadiums where they were played10 Plants to grow in July in Australia: Vegetables, herbs and flowers that thrive in winterFrom marriage market to witch market: 10 unique bazaars across the globe worth travelling for123Hot PicksCGBSE NMMSE result 2026Gold rate todayIndia-US trade dealGorakhpur rapeAfrican proverb of the dayBest proverbWeather forecast tomorrowPortuguese proverb of the daySpanish proverb of the dayTop TrendingDelhi MurderUS-Iran WarBadlapur AccidentFIFA World Cup 2026Shiv Sena UBTTamil Nadu Ammonia Gas LeakNEET UG ExamGold rate todayDelhi weatherMumbai rain

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