NARCL has emerged as the sole bidder for Jaiprakash Associates Ltd after no competing bids were received by the deadline. The government-backed bad loan aggregator's offer of Rs 12,000 crore is now ...

NARCL has made an offer of Rs 12,000 crore to acquire the debt of 25 lenders on a 15:85 cash-to-security receipts basis ...

NARCL emerges as sole bidder for JAL debt, offering ₹12,000 crore settlement with upfront cash payment and security receipts.

Government-owned National Asset Reconstruction Company (NARCL) has emerged as the most active player in the market for bad loans last two months following a change in leadership, said people from ...

Sources close to the development said that no other bidders participated in the Swiss Challenge auction conducted on January 14, 2025, by IDBI Capital on behalf of an SBI-led consortium.

In a significant development in the debt resolution process, National Asset Reconstruction Company (NARCL) is the sole ...

According to sources, NARCL has acquired Mumbai Metro One’s debt of Rs 2,658 crore from five domestic banks: State Bank of India, IDBI Bank, Canara Bank, Indian Bank, and Bank of Maharashtra.

Jaiprakash Associates' CoC meeting rescheduled, NARCL's ₹12,000 crore bid awaits approval, lenders anticipate substantial ...

The decision could also revive the MMRDA’s proposed takeover of MMOPL after the state government backed out of it earlier this year Mumbai: In a major relief to Mumbai Metro One Private Limited ...

Dubai - The proposed bad bank or NARCL will pay up to 15 per cent of the agreed value for the loans in cash and the remaining 85 per cent would be government-guaranteed security receipts.

ICMS had extended the timeline to find a competing bid by a week to January 14 last Wednesday but since no offer came up in the time period, NARCL's is now the only one to take over JAL, people ...

National Asset Reconstruction Co remains the preferred bidder to take over Jaiprakash Associates after no competing bid was ...