Future Retail’s IBC process may not lead to deep haircut for banks - Moneycontrol

Future Group, which is on the brink of liquidation, is currently locked in a long-drawn-out legal dispute with Amazon. The dispute comes as the two companies are locked in a bitter feud over the debt-ridden Indian company’s announcement in 2020 to sell its re…

Lenders to crisis-ridden Future Retail may not have to take a deep haircut on their exposure the company, even as it is hauled into the bankruptcy process by lenders, top bankers and analysts told Mo… [+4389 chars]

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