The Central Bureau of Investigation (CBI) has conducted searches at fifteen premises on July 18, 2026 in connection with cases registered against Reliance Commercial Finance Ltd. (RCFL) and Reliance Home Finance Ltd. (RHFL), both Reliance ADA Group companies led by Anil Dhirubhai Ambani  These premises are located in two cities viz. Mumbai and Delhi.

The searches covered 23 interlinked entities associated with the Reliance ADA Group, which were allegedly used as conduit for the diversion of bank funds borrowed by RCFL and RHFL to other Reliance ADA Group companies, thereby causing wrongful loss to the lending banks. The search operations also covered the premises of three individuals, namely the former CFO of RHFL, the former Secretarial Head of the Reliance ADA Group, and the former Chief Treasury Consultant of RHFL.

The searches were conducted on the strength of search warrants issued by the Hon'ble Special Judge for CBI Cases, Mumbai. The searches resulted in the seizure of incriminating documents, and further investigation is continuing.

It may be recalled that the CBI has registered seven FIRs against Reliance Communications Limited (RCom), Reliance Home Finance Limited (RHFL), Reliance Commercial Finance Limited (RCFL) and Reliance Telecom Limited (RTL) on the basis of complaints received from various Public Sector Banks and LIC. The total alleged loss to PSBs/ LIC in these seven cases is approx. Rs. 27,337 crore. The CBI has earlier conducted searches at 38 locations, filed four chargesheets and arrested seven accused persons in the Reliance ADA Group cases. All the accused persons are presently in judicial custody.

The investigation in these cases is being monitored by the Supreme Court. The CBI remains committed to conducting an expeditious and comprehensive investigation into these cases.