ADVERTISEMENT
Future Group Approaches Lenders For One-Time Debt Recast: Exclusive
Future Group is looking to defer repayments on Rs 7,500 crore in debt over the next few months under the scheme.
21 Oct 2020, 06:51 AM IST
The Kishore Biyani-led Future Group has approached lenders, led by State Bank of India and Bank of India, to restructure its outstanding debt under the Reserve Bank of India’s one-time restructuring scheme, permitted by the regulator to help companies tide over the Covid-19 crisis.Future Group is looking to defer repayments on Rs 7,500 crore in debt over the next few months under the scheme, within which time the group expects to clo...
I’m already a Subscriber Sign In
To continue reading this story
Subscribe to unlock & enjoy all Members-only benefits
Choose a plan
Renews automatically. Cancel anytime.
As a Subscriber you get
Full Access to
NDTV Profit App
Exclusives
Premium Stories
Access to
Stories
Curated
Newsletters
20,000+
Research Reports
Priority Pass
to Special Events
Minimal Ad
Experience
Members-Only
Rewards
Still Not convinced ? Know More
Get live Stock market updates, Business news, Today’s latest news, Trending stories, and Videos on NDTV Profit.
ADVERTISEMENT