Read more about Amid RIL deal woes, Future s creditors scramble over $2.5-bn loans: Report on Business Standard. Future may face liquidation if the deal falls through and banks are actively discussing an alternate one-time restructuring option, say four bankers with knowledge of the matter
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.