Mumbai, Dec 9: The Central Bureau of Investigation (CBI) on Tuesday said it has filed a criminal case against Reliance Commercial Finance Ltd (RCFL) and its promoters and directors over allegedly causing wrongful loss of Rs 57.47 crore to Bank of Maharashtra.

The case has been registered against RCFL — a company of Reliance ADA Group, its promoters/directors and unknown bank officials, on the allegations of criminal conspiracy, cheating and criminal misconduct and thereby, the CBI said in a statement.

According to the statement, the loan account of Reliance Commercial Finance Ltd was declared an NPA by the bank on March 25, 2020 and also as fraud on October 4, 2025, for causing wrongful loss of Rs 57.47 crore to Bank of Maharashtra.

“RCFL was availing loans to the tune of Rs 9,280 crore from 31 banks/ FIs/NBFCs/Corporate Bodies, etc., including Bank of Maharashtra. A thorough investigation will be conducted into the allegations of defrauding all the banks/FIs, etc. by the accused company,” said the CBI.

The probe agency obtained search warrants from the court of a Special CBI judge, Mumbai and commenced searches at the official premises of RCFL at Mumbai and the residential premises of Devang Pravin Mody, Director of the company, at Pune, on December 9.

“Several incriminating documents have been observed and are being taken into possession during searches. Searches are in progress,” the CBI said.

Meanwhile, the Enforcement Directorate (ED) has filed a supplementary charge sheet against Reliance Power Ltd and 10 others, in the case of fake bank guarantees of Rs 68 crore submitted by Reliance Power Limited to the Solar Energy Corporation of India (SECI) for the purpose of securing a tender issued by it. ED attached the proceeds of crime worth Rs 5.15 crore as well.

Reliance Power Ltd said in a statement that “ED allegations have not yet passed through judicial scrutiny and the Company has not been held guilty of any wrongdoing”.

“As per law settled by the Supreme Court, the company will get an opportunity to put across its case and facts before the court, even before cognisance, so filing of this complaint does not affect the affairs of the company in any manner,” said the company in an exchange filing.

New Delhi, Dec 9: Union Home Minister Amit Shah on Tuesday launched a scathing attack on the opposition for questioning the need for the discussion on Vande Mataram to mark the 150 years of its formation and mentioned that the act of “avoiding discussion is not new”.

Speaking in the Rajya Sabha during the discussion to mark 150 years of Vande Mataram, HM Shah said, “Yesterday, many Congress members were questioning the need for the discussion on Vande Mataram and were calling it a political strategy and a way of diverting from the issues. No one is scared of discussions on the country’s issues; we are not the ones who boycott the Parliamentary sessions. If someone wants to discuss, they need to stop boycotting. All discussions will take place then; we are not scared of anything; we are not trying to hide anything. We are ready for debate on any issue.”

Stressing that the discussion is important because the country is marking the 150th anniversary of the composition of Vande Mataram, he said, “People also need to know that avoiding discussions on Vande Mataram is not new. We had not achieved Independence when Vande Mataram completed 50 years. When the golden jubilee of Vande Mataram was due in 1937, Jawaharlal Nehru reduced it into two pieces and limited the national song to two stanzas.”

He further asserted that when Vande Mataram was “limited” after it completed 50 years, that is when appeasement started.

“That appeasement led to the partition of the nation. If Congress had not divided Vande Mataram for its appeasement politics, the country would not have been divided into two. When Vande Mataram completed 100 years, everyone was awaiting the celebrations, but an Emergency was imposed. No one could glorify and raise the ‘Vande Mataram’ slogans, as everyone was imprisoned. Indira Gandhi imprisoned those who raised the slogan of Vande Mataram,” he said.

Referring to the discussions on Vande Mataram held in the Lok Sabha on Monday, the Home Minister noted that both members of the Gandhi family (Rahul Gandhi and Priyanka Gandhi Vadra) were absent from the House.

“Right from Jawaharlal Nehru to the current leadership, Congress continues to oppose Vande Mataram,” he added.

Slamming the Opposition, he said, “Some members raised questions in the Lok Sabha yesterday, asking why there is a need for the discussions on Vande Mataram. The need for discussion on Vande Mataram, the need for dedication towards Vande Mataram, was important back then; it is needed now, and it will always be significant for the formation of great India, which we have envisioned for 2047.”

He further called out the Opposition for linking the national song to the upcoming West Bengal Assembly elections and said that “Vande Mataram is not limited to Bengal”..

“Some people think that because elections are approaching in Bengal, that is why Vande Mataram is being discussed; they want to diminish the glory of Vande Mataram by linking it to the Bengal elections,” he said.

“It is true that the composer of Vande Mataram, Bankim Babu, was from Bengal, the Anand Matth had its origin in Bengal, but Vande Mataram was not limited to Bengal or the country where it was composed. Everywhere in the world where our freedom fighters used to meet, they sang it. Today also, when our soldier at the border, or a policeman guarding the country from inside, sacrifices his life for the country, Vande Mataram is the only slogan he says as his last words.”

Nagpur: The second day of the Maharashtra Legislature’s Winter Session on Tuesday saw the opposition staging a forceful protest over what they termed the state government’s “continued neglect” of farmers.

Accusing the MahaYuti government of apathy, opposition leaders said that despite repeated assurances, the situation on the ground has worsened, with farmer suicides reportedly averaging eight per day.

Leaders, including Vijay Wadettiwar and Aaditya Thackeray, said the government had “misled” farmers with promises of a comprehensive loan waiver that remains unimplemented.

They also criticised the administration for failing to ensure a fair Minimum Support Price (MSP) for key crops.

The opposition further alleged that the government’s decision to reduce import duty on cotton to zero has triggered a surge in foreign cotton imports, severely hurting domestic growers.

They said soybean procurement centres are yet to start operations this season, adding to farmers’ distress. They also hit out at the government for the delay in disbursing bonus payments for paddy.

Soybean farmers have said that they are compelled to sell their produce in the open market below the MSP level, which hardly covers their costs. This, they say, has deepened their financial crisis in rural households.

Raising slogans such as “Deceitful Government!”, “Waive Farmers’ Loans!” and “Ensure Fair Prices for Cotton and Soybean!”, opposition MLAs accused the government of making announcements without delivering meaningful relief.

They also pointed to rising cases of farmer suicides to argue that the administration lacks seriousness in addressing agrarian distress.

The opposition claimed the government’s lack of urgency became evident when the Union Agriculture Minister recently stated that the Centre had not yet received any proposal for aid for rain- and flood-hit farmers from the state.

The state government later clarified that it had submitted the proposal on November 27.