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Moneylenders to pull out obligation recast if Future Group-RIL bargain goes through

Banks to Kishore Biyani’s Future Group will pull out the just-endorsed obligation recast plan that offered simpler reimbursement choices, if the upset retailer’s Rs 24,713 crore resource deal to Reliance Industries Ltd (RIL) goes through in a sensible time span, sources said. Moneylenders of Future Retail a week ago consented to broaden reimbursement of credits by as long as two years, while…
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