Financial creditors to Future Retail place claims worth Rs 21,000 cr

60% of such claims are from state-owned banks and other creditors, shows data on company's website

future retail, future group, big bazaar, bazar

Subrata Panda Mumbai
Future Retail has received claims of Rs 21,057 crore from 33 financial creditors, according to data released by the company that is under the corporate insolvency resolution process.

Of the total claims received, an amount of Rs 17,511.69 crore has been verified by the interim resolution professional (IRP). Claims worth Rs 3,546 crore have not yet been verified, according to the company’s website.

US-based Bank of New York Mellon, a financial creditor, has claimed Rs 4,669 crore, of which Rs 4,109 has been verified.

First Published: Aug 22 2022 | 3:42 PM IST

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