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Business161 words1 min read

CBI Files Bank Fraud Case Against Businessman Kishore Biyani

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The CBI is a big police group in India. It checks serious crimes.

The CBI has filed a case against Kishore Biyani. He is a famous businessman.

He is the owner of Big Bazaar. Big Bazaar is a large shop chain in India.

The case is about a bank fraud. This means someone used wrong tricks to get bank money.

The money is 904.32 crore rupees. A crore is ten million.

The bank in this case is the SBI. SBI is State Bank of India. It is a very big bank.

The CBI also named Rakesh Biyani in the case. He is another person from the Biyani family.

The company Future Retail is also named in the case.

Kishore Biyani owned Future Retail before. It is a retail company.

The CBI will now check all the facts. They want to know what really happened.

This is a serious case in India right now. Many people are talking about it.

Vocabulary15 words

CBI
a big police group that checks serious crimes in India
bank fraud
using wrong tricks to get money from a bank
crore
a number that means ten million
SBI
a very big bank in India, called State Bank of India
businessman
a man who owns or runs a company
case
a problem that police or courts check
owner
a person who has a shop or company
retail
selling things to people in shops
company
a business that sells things or services
chain
many shops with the same name
money
what people use to buy things
named
said who is part of something
family
people who are related, like father and son
serious
very important and not small
facts
true information about what happened

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Quiz

1. Who filed the case against Kishore Biyani?
2. How much money is in the case?
3. Which bank is part of this case?

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Fill-in-the-blank listening

Play the audio again and fill in the missing words as you listen.

The ***** is a big police group in India. It checks serious crimes.

The CBI has filed a ***** against Kishore Biyani. He is a famous businessman.

He is the owner of Big Bazaar. Big Bazaar is a large shop ***** in India.

The case is about a bank *****. This means someone used wrong tricks to get bank money.

The money is ***** crore rupees. A crore is ten million.

The bank in this case is the *****. SBI is State Bank of India. It is a very big bank.

The CBI also named ***** Biyani in the case. He is another person from the Biyani family.

The company ***** is also named in the case.

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