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The Times of India

Business

PTI

EXPLAINED: Future enterprises defaults on rs 19 16 crore loan repayment | Rare Historical Photos

Canara Bank Punjab National Bank Future Group Union Bank of India New Delhi RBI

NEW DELHI: Future Enterprises Ltd (FEL) on Tuesday said it has defaulted on payment of Rs 19.16 crore to Punjab National Bank, Canara Bank and Union Bank of India under the one-time restructuring plan.

This is the second default by FEL this month.

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