Future's stake sale in its insurance arm helps banks recover ₹1,266 cr

FEL owes lenders and bondholders a total of ₹6,778 crore. Out of the ₹1,266 crore, State Bank of India (SBI) received the largest amount of ₹290 crore followed by Canara Bank (₹220 crore) and Central Bank (₹130 crore).

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