CBI Files ₹904 Crore Fraud Case Against Future Retail, Others

• The CBI has filed a bank fraud case against Future Retail, Kishore Biyani, and others for ₹904 crore.
• Searches were conducted in Mumbai in connection with the case.
• The case was filed based on a complaint by the State Bank of India.
• The CBI alleges that the accused entered into a criminal conspiracy to obtain credit facilities.
• The funds were not utilized in accordance with the terms and conditions of the loan facilities.