Tuesday, February 16, 2021

Future Group Creditors Said to Scramble to Recover $2.5 Billion Loans Amid Reliance Deal Woes

Future Group's creditors are exploring options to recover more than $2.5 billion (roughly Rs. 18,180 crores) in loans, amid worries the Indian retailer's planned sale of assets to Reliance Industries could fail, four bankers with knowledge of the matter said.

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