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 ...

In a significant development in the debt resolution process, National Asset Reconstruction Company (NARCL) is the sole contender to acquire the stressed assets of Jaiprakash Associates (JAL).No other ...

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

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.

State-owned National Asset Reconstruction Co Ltd (NARCL) has emerged as the sole bidder to take over the distressed debt that Jaiprakash Associates Ltd (JAL) owed to nearly 25 lenders with process ...

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.

Asset Reconstruction Companies (ARCs) in India seek the Reserve Bank of India's intervention for permission to raise equity ...

So far, NARCL has taken over approximately Rs 88,000 crore of banks’ stressed assets and is doing due diligence for another Rs 60,000 crore, Joshi said The growth in India's aviation sector over ...

Last month, the Union government set up the National Asset Reconstruction Company Limited (NARCL) under the Companies Act. It thus delivered on its promise to set up a ‘bad bank’ to clean up ...

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 ...