Anil Ambani proposes staggered repayment plan in bank fraud case

Reliance Group Chairman Anil Ambani proposed a settlement plan in ongoing probe into alleged financial irregularities involving his entities. He has offered to repay bank dues in a staggered manner. Ambani has offered to hold discussions with banks to achieve incentives. This proposal came even as the Supreme Court raised an alarm over delays in ED and CBI's ongoing probes.