← 9 November 2026 edition

Story 2 of 9 · E-commerce · 9 November 2026, 09:15 IST

CBI books Future Retail and Kishore Biyani over alleged Rs 904.32 crore SBI bank fraud

CBI books Future Retail and Kishore Biyani over alleged Rs 904.32 crore SBI bank fraud

Picture: ET Retail · see the original ↗

The Central Bureau of Investigation has registered an FIR against Future Retail Ltd and founder Kishore Biyani over an alleged Rs 904.32 crore bank fraud linked to the State Bank of India. Multiple locations in Mumbai have been searched. The probe is examining claims of fund embezzlement and misuse among affiliated entities. The case was reported by ET Retail on 7 Nov 2026.

Source: ET Retail ↗

This came from the 9:15 brief — get it daily.

▶ Arjun & Meera on this story — from 1:23 in the 9 November 2026 episode
More reels on /video/ →

Talk about this story with Arjun or Meera

Next in the 9 November 2026 brief · 3 of 9 Nvidia Probes Alleged Chinese Spy Ties to Jensen Huang →

The 9:15 brief

Get this brief in your inbox — free

Top Indian tech and product stories every morning at 9:15 IST. Every number sourced and dated.

or
Subscribe with Google