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CBI Uncovers Bank-Builder Nexus in Subvention Schemes, Supreme Court Orders FIRs
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CBI Uncovers Bank-Builder Nexus in Subvention Schemes, Supreme Court Orders FIRs
New Delhi, September 26, 2025: The Central Bureau of Investigation (CBI) has been allowed to file First Information Reports (FIRs) in six alleged incidents of builder-bank nexus that made use of subvention schemes in the housing to skim money off homebuyers and keep them waiting for decades. A Supreme Court bench of Justices Surya Kant, Ujjal Bhuyan and N K Singh gave the order after solicitor general Aishwarya Bhati told the court that the bure…
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