Photo: The Hindu Business
CBI Investigates Future Retail and Kishore Biyani in Fraud Case
TL;DR
- Future Retail and Kishore Biyani face a CBI investigation.
- The case involves an alleged bank fraud totaling over Rs 904 crore.
- Authorities accuse the firm of diverting loan funds to related entities.
The Central Bureau of Investigation has initiated a case against Future Retail, Kishore Biyani, and other individuals.
The investigation centers on an alleged bank fraud amounting to Rs 904.32 crore.
According to the reports, the company is accused of diverting loan funds through connected entities.
Why It Matters
This case highlights major financial investigations involving large corporate entities and banking institutions in India, reflecting on accountability and regulatory scrutiny within the country's business sector.
Nov 6, 2026 · Updated 11/6/2026, 3:55:16 PM · Reported with: The Hindu Business, NDTV Profit, The Economic Times
Sources (3)
NRI Bytes writes its own articles from the reporting below.
The Hindu Business — CBI books Future Retail, Kishore Biyani, others in ₹904 crore bank fraud case; searches conducted in MumbaiNDTV Profit — Big Bazaar-Parent Future Retail, Kishore Biyani Under CBI Scanner In Rs 904 Crore Bank Fraud CaseThe Economic Times — CBI books Biyani, Future Retail over ₹904-cr fraudUp next · Business & Finance
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