Brief: Lenders To Future Retail Tell Court They Will Require To Provision 80-90 Bln Rupees Immediately On Future Loan- Filing
03/02/2022 07:33
Feb 3 (Reuters) -
* LENDERS TO INDIA’S FUTURE RETAIL TELL SUPREME COURT THEY
HAVE
“ALREADY CLASSIFIED/ BEGUN CLASSIFYING” CO'S LOAN ACCOUNT AS
NON-PERFORMING ASSET-FILING
* LENDERS TO FUTURE RETAIL TELL COURT THEY WILL REQUIRE TO
PROVISION 80 BLN RUPEES TO 90 BLN RUPEES IMMEDIATELY ON FUTURE
LOAN- FILING
* COUNSEL FOR LENDERS TO FUTURE RETAIL TELLS SUPREME COURT
THAT
ENTIRE ASSETS OF FUTURE SHOULD BE SUBJECTED TO OPEN BID BY
RELIANCE, AMAZON
((Reuters.Briefs@thomsonreuters.com;))
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