Browsing: narcl

The Finance Ministry is pushing for a significant transfer of stressed assets, amounting to ₹1-lakh crore, to National Asset Reconstruction…

The reluctance of lenders to accept security receipts (SRs) and the time taken in negotiation in connection with the…

National Asset Reconstruction Company Ltd (NARCL), or the government-backed bad bank to take over…

Punjab National Bank (PNB) has identified bad loans worth Rs 20,008 crore from 62 accounts to be transferred to the…

Bank of Maharashtra’s (BoM’s) net profit rose by 103 per cent year on year (YoY) to Rs 535 crore…

State-owned banks that gave loans to Jaypee Infratech will be able to recover their money next month. However, 24,000…

The Ministry of Finance, in a review meeting, directed public sector banks to push credit growth. Chaired by Financial Services…

India’s bad bank is counting on its sole bid for a non-performing asset (NPA) to avert renewal of its asset…

The National Asset Reconstruction Company (NARCL), known more commonly as India’s bad bank, will make binding offers for the first…

The National Asset Reconstruction Company (NARCL) has missed its March 31, 2022 deadline for acquiring the first tranche of large…