News > Future Group’s future at stake without Reliance deal, creditors worried

Future Group’s future at stake without Reliance deal, creditors worried

Future Group’s creditors are exploring options to recover more than $2.5 billion in loans. Four bankers have said that they are worried that Future’s deal with Reliance may fail ultimately.

All of the quoted bankers confirmed to the news agency that Future Group may face liquidation if the deal does not go through ultimately. “Without Reliance, there is no future for Future,” one of the bankers at a major state-owned lender said.