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Sunday, April 18, 2021

Future Retail lenders give nod to debt recast plan

A group of 28 lenders to Future Retail have approved a resolution plan to restructure the company’s existing debt under the RBI’s special scheme for Covid-related stress, the retailer said in a regulatory filing on Saturday. The restructuring is, however, subject to the K V Kamath-led expert committee’s nod.

from Business News: Latest News on Business, Stock Markets, Financial News, India Business & World Business News https://ift.tt/3tArP4A

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Sri Lanka central bank fines Indian Bank

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