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NARCL
Govt says 10 PSBs transferred NPAs of over Rs 11,617 cr to NARCL from Jan-Nov
As per details of the debt assigned to the NARCL by these 10 PSBs, as on November 30, SBI has transferred Rs 4,508 crore, followed by PNB, and Canara Bank at Rs 2,138 crore and Rs 1,858 crore, respectively.
12 December 2023, 11:30 IST
Govt says 10 PSBs transferred NPAs of over Rs 11,617 cr to NARCL from Jan-Nov
12 December 2023, 11:30 IST
NARCL highest bidder with Rs 5,555 cr offer for Srei
NARCL's net present value bid constitutes Rs 3,200 crore in cash, a Rs 1000 crore jump from the previous offer
04 January 2023, 10:33 IST
NARCL highest bidder with Rs 5,555 cr offer for Srei
04 January 2023, 10:33 IST
NARCL offers to buy 5 distressed loan accounts: Report
The NARCL reportedly made the proposal in a letter to lenders last week
25 August 2022, 16:35 IST
NARCL offers to buy 5 distressed loan accounts: Report
25 August 2022, 16:35 IST
PM Modi exhorts banks to support wealth, job creators
Modi also said that the recently set up National Asset Reconstruction Co (NARCL) would help resolve Rs 2 lakh crore of stressed assets.
18 November 2021, 15:47 IST
PM Modi exhorts banks to support wealth, job creators
18 November 2021, 15:47 IST
'Bad bank' to bring on board more directors soon
Last month, the Cabinet cleared a proposal to provide government guarantee worth Rs 30,600 crore to security receipts issued by NARCL
17 October 2021, 10:40 IST
'Bad bank' to bring on board more directors soon
17 October 2021, 10:40 IST
NARCL is not 'bad bank': FM Nirmala Sitharaman
'It is a formulation which is intended to clean up banks' assets and dispose of NPAs in a speedy manner'
07 October 2021, 09:34 IST
NARCL is not 'bad bank': FM Nirmala Sitharaman
07 October 2021, 09:34 IST
SBI, Union Bank, PNB pick up stake in NARCL
NARCL, which is yet to become operational, will take over the bad assets of banks in its own account for speedy resolution of sour loans
30 September 2021, 19:01 IST
SBI, Union Bank, PNB pick up stake in NARCL
30 September 2021, 19:01 IST
For economy’s sake, ‘bad bank’ must work
NARCL not the full answer, banking reforms needed
23 September 2021, 23:37 IST
For economy’s sake, ‘bad bank’ must work
23 September 2021, 23:37 IST
FM announces Rs 30,600 cr govt guarantee for bad bank
The government guarantee would be invoked if there is loss against the threshold value
16 September 2021, 12:15 IST
FM announces Rs 30,600 cr govt guarantee for bad bank
16 September 2021, 12:15 IST
8 PSBs buy stake worth Rs 74.6 crore in NARCL: Report
Canara Bank has purchased 1.2 crore shares of Rs 10 each, while BoB, SBI, Union Bank of India and Indian Bank have bought 99 lakh shares each
20 July 2021, 10:32 IST
8 PSBs buy stake worth Rs 74.6 crore in NARCL: Report
20 July 2021, 10:32 IST
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