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Future Retail resolution in limbo as RP attempts to prise information from former management

Future Retail resolution in limbo as RP attempts to prise information from former management
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Kolkata NCLT approves NARCL plan to acquire twin Srei companies under IBC

This will be the first acquisition of NARCL after it was formed two years ago with the aim to acquire bad loans from Indian banks. NARCL, which gave the highest offer among the three bidders, will now seek approval from the Reserve Bank of India to acquire Srei Equipment Finance and Srei Infrastructure Finance.

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