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

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

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

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 has emerged as the sole bidder for Jaiprakash Associates Ltd after no competing bids were received by the deadline. The ...

Sources close to the development said that no other bidders participated in the Swiss Challenge auction conducted on January ...

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

NARCL’s bid offers lenders a recovery of 23%, comprising 15% cash and 85% government-guaranteed security receipts — a ...

The Indian Banking Association (IBA) has asked for tax rebates for savings accounts in order to nudge customers to retain ...

Punjab National Bank announced that the government has approved the appointment of Canara Bank Executive Director Ashok ...

Following the National Asset Reconstruction Company Limited’s (NARCL) ₹12,000-crore offer to acquire the Jaiprakash ...

Mumbai: The National Asset Reconstruction Company Ltd (NARCL) has taken over the Rs2,658 crore debt of the Anil Ambani-led Mumbai Metro One Pvt Ltd (MMOPL). According to sources, NARCL has ...