CBI Registers Rs 904-Crore Bank Fraud Case Against Future Retail, Biyani Brothers
Goa, Nov. 7 -- The Central Bureau of Investigation (CBI) has registered a case of alleged bank fraud amounting to Rs 904.32 crore against Future Retail Limited and its promoters, Kishore Lakshminarayan Biyani and Rakesh Gopikishan Biyani, following a complaint filed by the State Bank of India (SBI).
The FIR also names unidentified public servants and other unknown individuals in connection with the alleged financial irregularities.
As part of its investigation, the CBI conducted searches on Saturday at multiple premises in Mumbai linked to the company's promoters and directors. Several documents believed to be relevant to the case were reportedly recovered and seized during the searches.
The case was registered on November 4, 2026, bas...
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