NARCL progress hit on government guarantee delay
Renewal of federal guarantees, which expired last fiscal, is delaying the takeover of bad loans by the state-backed National Asset ...
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Tag: NARCL
PSU banks list assets for sale to NARCL after finance ministry nudge
The government-promoted asset reconstruction company will evaluate accounts of about 300 distressed companies with cumulative loans of Rs 3lakh crore ...
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NARCL to step up acquisitions of distressed assets in FY24
The government-promoted National Asset Reconstruction Co Ltd (NARCL) will step up the pace on the acquisition of distressed assets this ...
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CCI approves SREI Infra Finance’s acquisition by NARCL, IDRCL
Fair-trade regulator CCI on Thursday said it has approved the acquisition of SREI Infrastructure Finance by National Asset Reconstruction Company ...
Read moreBanks transfer Jaypee Infratech’s ₹9,234-crore debt to NARCL
Banks have completed the transfer of ₹9,234 crore of Jaypee Infratech loan to the National Asset Reconstruction Company (NARCL), marking ...
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NARCL makes highest offer for twin Srei companies at auction
Government-owned National Asset Reconstruction Co (NARCL) gave the highest offer of Rs 5,555 crore for the twin Srei companies at ...
Read moreNARCL withdraws offer to acquire GTL
National Asset Reconstruction Company of India (NARCL), the bad bank promoted by the government, has withdrawn its offer to acquire ...
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NARCL to make its first acquisition in Jaypee Infratech
India's state-sponsored bad bank is set to make its first distressed-debt acquisition since its formation a year ago. The National ...
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