The newly formed National Asset Reconstruction Company( NARCL) expects to recover between Rs

The National Asset Reconstruction Company Limited( NARCL) has acquired stressed loans from three

The security receipts( SRs) to be issued by the National Asset Reconstruction Company( NARCL

The stakeholders can send their comments on the report to the RBI by December 15. The committee has recommended that for all accounts above Rs 500 crore, two bank-approved external valuers should carry out a valuation to determine the liquidation value and fair market value.... However, it would be incorrect to assume that the problems of ARC sector are entirely of its own making.... The ageing of NPAs before their sale may be contributing to poor recovery.( Only the headline and picture of th

The recovery as a percentage of gross non-performing assets moderated to 12.8 per cent in 2020-21 from 15.8 per cent in the previous fiscal year against the backdrop of the pandemic, Minister of State for Finance Bhagwat K Karad informed Parliament on Monday.As per Reserve Bank of India data on global operations, he said, scheduled commercial banks( SCBs) have recovered an amount of Rs 4, 18, 687 crore during the last three financial years. Recovery as a percentage of gross non-performing assets

Как сообщило индийское издание "The Print", российское АО "Объединенная судостроительная корпорация" (ОСК) на финальном этапе вышло из участия в завершающем конкурсе на покупку обанкротившейся крупной индийской частной судостроительной верфи Reliance Naval and Engineering Ltd (RNEL, также использует

The rise was further fuelled during the Covid-19 pandemic, which saw job losses and ailing businesses. The amount now stands at over eighttrillion rupees.... India's bad bank, however, involves initial investment by the government. Another difference lies in the types of bad loans.... Unpaid loans in public sector commercial banks now stand at over eight trillion rupees....