x

Amazon alleges banks colluding with Future Retail; demands forensic probe

Shortpedia

Content Team
Image Credit: pehalnews

Ecommerce giant Amazon has again urged the Reserve Bank of India (RBI) and lenders of Future Group that Future Retail Ltd (FRL) is allegedly colluding with banks. According to a letter seen by Mint, the ecommerce giant told the RBI that FRL should not be allowed to go for bankruptcy proceedings as that would impact its rights further.