{"id":12468,"date":"2025-07-24T17:52:37","date_gmt":"2025-07-24T12:22:37","guid":{"rendered":"https:\/\/trending.niftytrader.in\/ed-raids-hit-anil-ambani-stocks-reliance-power-infra-sink-5\/"},"modified":"2025-07-24T18:05:45","modified_gmt":"2025-07-24T12:35:45","slug":"ed-raids-hit-anil-ambani-stocks-reliance-power-infra-sink-5","status":"publish","type":"post","link":"https:\/\/www.niftytrader.in\/markets\/ed-raids-hit-anil-ambani-stocks-reliance-power-infra-sink-5\/","title":{"rendered":"ED raids impact Anil Ambani stocks: Reliance Power, Reliance Infrastructure drop 5%"},"content":{"rendered":"<p>Reliance Power, Infrastructure Drop Over 5% as ED Probes Rs 3,000 Crore Loan Fraud. On Thursday, July 24, shares of Reliance Power and Reliance Infrastructure crashed over 5% in intraday trading following Enforcement Directorate (ED) raids targeting Anil Dhirubhai Ambani Group (ADAG) companies and Yes Bank in a Rs 3,000 crore loan fraud investigation. Over the past five trading sessions, Reliance Infrastructure declined by 9.37%, while Reliance Power fell 7.41%.<\/p>\n<p>The ED conducted searches at over 35 locations in Mumbai and Delhi, covering around 50 companies and 25 individuals linked to ADAG. The investigation, under the Prevention of Money Laundering Act (PMLA), stems from two Central Bureau of Investigation (CBI) FIRs. Sources indicate the probe focuses on loans worth nearly Rs 3,000 crore sanctioned by Yes Bank between 2017 and 2019, with suspicions of a bribe-for-loan scheme involving fund transfers to entities tied to Yes Bank promoters.<\/p>\n<p>Also Read: <a href=\"https:\/\/www.niftytrader.in\/content\/trump-takes-aim-at-tech-outsourcing-in-india-and-china\/\">Trump Takes Aim at Tech Outsourcing in India and China<\/a><\/p>\n<p>The ED has identified multiple irregularities, including backdated credit approvals, loans issued without due diligence, and investments bypassing Yes Bank\u2019s credit policies. Some loans were disbursed on the same day as applications or even before formal sanction. Funds were allegedly funneled through shell companies, many sharing common addresses and directors.<\/p>\n<div class=\"entry-content rbct clearfix is-highlight-shares\">\n<p data-start=\"2485\" data-end=\"2767\"><span data-teams=\"true\"><i>Click here to explore other:\u00a0<a href=\"https:\/\/www.niftytrader.in\/stocks-price\">NSE Stock Price\u00a0<\/a><\/i><\/span><\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>Anil Ambani Stocks Plummet Amid ED Raids<\/p>\n<p>Reliance Power, Infrastructure Drop Over 5% as ED Probes Rs 3,000 Crore Loan Fraud<\/p>\n<p>On Thursday, July 24, shares of Reliance Power and Reliance<\/p>\n","protected":false},"author":7,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[615],"tags":[],"ppma_author":[1384],"class_list":{"0":"post-12468","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-stock-market-news"}," _eael_post_view_count":0,"authors":[{"term_id":1384,"user_id":7,"is_guest":0,"slug":"jitesh-kanwariya","display_name":"Jitesh Kanwariya","avatar_url":{"url":"https:\/\/trending.niftytrader.in\/wp-content\/uploads\/2025\/08\/Jitesh-Kanwriya.jpeg","url2x":"https:\/\/trending.niftytrader.in\/wp-content\/uploads\/2025\/08\/Jitesh-Kanwriya.jpeg"},"0":null,"1":"","2":"","3":"","4":"","5":"","6":"","7":""}],"_links":{"self":[{"href":"https:\/\/www.niftytrader.in\/markets\/wp-json\/wp\/v2\/posts\/12468","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.niftytrader.in\/markets\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.niftytrader.in\/markets\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.niftytrader.in\/markets\/wp-json\/wp\/v2\/users\/7"}],"replies":[{"embeddable":true,"href":"https:\/\/www.niftytrader.in\/markets\/wp-json\/wp\/v2\/comments?post=12468"}],"version-history":[{"count":4,"href":"https:\/\/www.niftytrader.in\/markets\/wp-json\/wp\/v2\/posts\/12468\/revisions"}],"predecessor-version":[{"id":12476,"href":"https:\/\/www.niftytrader.in\/markets\/wp-json\/wp\/v2\/posts\/12468\/revisions\/12476"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.niftytrader.in\/markets\/wp-json\/wp\/v2\/media\/12473"}],"wp:attachment":[{"href":"https:\/\/www.niftytrader.in\/markets\/wp-json\/wp\/v2\/media?parent=12468"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.niftytrader.in\/markets\/wp-json\/wp\/v2\/categories?post=12468"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.niftytrader.in\/markets\/wp-json\/wp\/v2\/tags?post=12468"},{"taxonomy":"author","embeddable":true,"href":"https:\/\/www.niftytrader.in\/markets\/wp-json\/wp\/v2\/ppma_author?post=12468"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}