NARCL
Finance
NARCL highest bidder for stressed Srei entities
The government-backed National Asset Reconstruction Company Ltd has taken lead in taking over two stressed entities of the Srei group ......
Finance
Varde-Arena consortium bid for Srei group
A consortium of Arena Investors LP and Varde Partners, National Asset Reconstruction Co. Ltd (NARCL) and Mumbai-based Authum Investments have ......
Finance
Bad bank starts operations, banks to transfer $6.6 bn NPAs by March
National Asset Reconstruction Company Ltd (NARCL), a government created entity to tackle bad loan problem in India, is set to ......
Finance
Distressed deals soar in 2021; Bad bank, IBC measures raise hopes for 2022
Calendar year 2021 opened doors for larger deals in the distressed assets space in 2022 following a year of some ......
Finance
State-owned banks identify $12 bn NPAs to be transferred to bad bank
Public sector banks have identified a total of 22 large bad loan accounts worth Rs 89,000 crore (approximately $12.2 billion) ......
Finance
Punjab National Bank to buy stake in bad bank
Government-owned Punjab National Bank (PNB) on Saturday said it will acquire a stake in the soon-to-be-set-up National Asset Reconstruction Company ......
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