India
CBI Books Future Retail, Promoters in ₹904-Crore Bank Fraud Case
India’s CBI has registered a bank fraud case against Future Retail Ltd and key promoters involving about ₹904 crore, after a complaint from State Bank of India over alleged fund misappropriation. Search operations were carried out at linked locations. The case adds to legal pressure on the once-prominent retail group.
This summary is based on reporting by Times of India.
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