CBI books Kishore Biyani, Future Retail in alleged ₹904-cr bank fraud

Business Standard · Press Trust of India · 2026-11-06 11:22 UTC

The CBI has alleged that according to a complaint filed by SBI, the accused persons entered into a criminal conspiracy to obtain credit facilities from the SBI and also from consortium of nine banks

The CBI has alleged that according to a complaint filed by SBI, the accused persons entered into a criminal conspiracy to obtain credit facilities from the SBI and also from consortium of nine banks

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The CBI has registered an FIR against Future Retail Ltd and noted businessman Kishore Biyani in an alleged bank fraud of Rs 904.32 crore and conducted searches at premises linked to him in Mumbai on Friday, officials said.

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