Bank of Baroda classifies RCOM loan account as fraud

Loan classified NPACredit & Debt View source PDF Explain this filing

RCOM · price

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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.

Price reactionminutes from the announcement price · days from the prior close

-0.7%Reaction day

₹1.43

prior close

₹1.38

announcement price

After-mkt

timing

Nifty Microcap 250market · in no size index; the smallest one is used-0.0%-0.7% vs market

On the reaction day the stock moved 0.7 pts less than Nifty Microcap 250, over the same two closes: a difference in percentage points, not a measure of what the filing did.

Minutes after the announcementfrom the announcement price · no benchmark

Stock

+2.2

10m

+2.2

15m

+2.9

30m

+2.2

Sessions after the filingfrom the prior close

StockMarketvs market

Reaction day

-0.7-0.0-0.7

Next day

-0.7+0.4-1.1

-0.7+0.6-1.3

-4.2+1.0-5.2

-4.9+0.9-5.8

-4.9+0.8-5.7

+0.0+2.2-2.2

15d

-4.2-1.7-2.5

+2.8-0.5+3.3

-12.6-0.5-12.1

-15.4-4.7-10.7

UpDownMarket · Nifty Microcap 250Pending

Minute windows have no benchmark: there is no intraday index history to compare against.

AI summary

Bank of Baroda classified RCOM's loan account as fraud over fund diversion, improper loan use and manipulation of books. It also named former promoter Anil Ambani. As of 28 August 2025, RCOM's outstanding exposure was Rs 1,656.07 crore against a Rs 2,462.50 crore limit; the account has been a non-performing loan since 5 June 2017. Its creditor-approved resolution plan awaits tribunal approval. The bank will report it to authorities.

Likely market impact

Negative for sentiment and resolution certainty. Direct financial impact is not quantified; the loans must be handled via the plan or liquidation.