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Bank of India declares Rs 575 crore exposure to Future Enterprises as fraud

viaeconomictimes.indiatimes.com13 Oct
Bank of India declares Rs 575 crore exposure to Future Enterprises as fraud
The Bank of India has officially marked its ₹575 crore exposure to Future Enterprises as fraudulent. Previously categorized as a non-performing asset, this account has been sufficiently provisioned. Future Enterprises, helmed by Kishore Biyani, entered insolvency proceedings back in 2022, focusing…

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