India, July 7 -- The Central Bureau of Investigation (CBI) has filed its first chargesheet in the Reliance Commercial Finance Limited (RCFL) case, accusing five former senior executives of causing an alleged loss of Rs.4,097 crore to a consortium of 13 public sector banks through diversion of funds.

The chargesheet was filed before a special court in Mumbai against former RCFL officials, including former Director and CEO Devang Pravin Mody, Director Ravindra Somayajula Rao, Director Dhananjay Bhagwanprasad Tiwari, Executive Risk Officer Rajesh Krishnamoorthy, and Chief Risk Officer Lav Chaturvedi.

The agency has also named Reliance Infrastructure Ltd and Reliance Home Finance Ltd (RHFL) as accused in the case. The CBI has alleged that f...