Business

CBI books Subhash Chandra over alleged ₹1,322-crore loss to LIC Housing Finance

The CBI has registered an FIR against businessman Subhash Chandra and others for allegedly causing a wrongful loss of over ₹1,322 crore to LIC Housing Finance through misrepresentation of facts and inflated net worth certificates submitted for loan approvals

· 9/5/2026, 10:13:44 AM· 2 min read
CBI books Subhash Chandra over alleged ₹1,322-crore loss to LIC Housing Finance
The CBI has registered an FIR against businessman Subhash Chandra and others for allegedly causing a wrongful loss of over ₹1,322 crore to LIC Housing Finance through misrepresentation of facts and inflated net worth certificates submitted for loan approvals
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