CBI Files Rs 904-Crore Bank Fraud Case Against Businessman Kishore Biyani

What happened: The CBI filed a bank fraud case against businessman Kishore Biyani, based on a complaint by SBI alleging a criminal conspiracy to obtain credit facilities from SBI and a consortium of nine banks. Key numbers: Rs 904 crore; nine banks. Why it matters: The case follows an SBI complaint and involves alleged credit facilities obtained from SBI and a nine-bank consortium.

The CBI filed a bank fraud case against businessman Kishore Biyani, based on a complaint by SBI alleging a criminal conspiracy to obtain credit facilities from SBI and a consortium of nine banks.

The case follows an SBI complaint and involves alleged credit facilities obtained from SBI and a nine-bank consortium.