CBI books Kishore Biyani and FRL in ₹904 crore SBI fraud case

The Economic Times · ET Bureau ·

The CBI has registered a case against Future Retail Ltd and its promoters. This is due to the alleged defrauding of State Bank of India amounting to ₹904.32 crore. The FIR was filed following a complaint from SBI on October 9, and a forensic audit was conducted. Multiple premises linked to the promoters were searched, leading to the seizure of documents.

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