Kolkata, Mar 16 (PTI) A consortium of lenders to bulk tea producer McLeod Russel India Limited…
Tag: National Asset Reconstruction Company Limited
Bad Bank sets up weekly review after FM nudge
Mumbai National Asset Reconstruction Company Limited (NARCL) and India Debt Resolution Company Limited (IDRCL), two major…
Will one bad bank fix India’s broken banking system?
A bad bank can help in debt recovery but it is not a substitute for fresh…
RBI granted license to National Asset Reconstruction Company: Indian Banks Association CEO
“Happy to share that #RBI has granted license to #NARCL on 4.10.2021. Approved under Section 3…
NARCL will do better with bank recapitalization: ADB
IBC resolution slow and ‘skewed’, rising NPAs and low credit offtake deter private investment, ADB economists…
RBI allows lenders to sell fraudulent loans to ARCs
The Reserve Bank of India (RBI) on Friday allowed lenders to sell loans tagged as fraud…
Endgame: On the new ‘Bad Bank’
Guarantees for a ‘bad bank’ can help, but are not enough to fix lenders’ woes.
Govt approves sovereign guarantee of Rs 30,600 crore for bad bank operations
Image Source: PTI Govt approves sovereign guarantee of Rs 30,600 crore for bad bank operations The…