NARCL

NARCL acquires Rs 21,349-cr toxic assets, far cry from target

Jaypee Infratech among 3 indebted firms acquired by the ‘bad bank’

July 25, 2023 01:30 IST

Ex-SBI executive Natarajan Sundar appointed NARCL chief

Sundar retired on April 30 as deputy managing director and chief credit officer at the bank, after having worked there…

June 1, 2022 08:30 IST

If other bidders participate, NARCL will be given some more time to consider if they want to match the offers.

NARCL to make binding offers for first tranche of accounts in two weeks: SBI MD

Swaminathan J, managing director for risk, compliance and stressed assets resolution, SBI, said that the process of identification of accounts…

May 14, 2022 05:30 IST

“For capital infusion, private banks needed some approvals. That capital has come in and (the entity) is capitalised as per the plan. The appointment of CEO is also likely to happen anytime soon. Hopefully, we will be completing the first tranche by April end,” Rai said.

NARCL misses deadline for first tranche of NPA acquisition; Rs 50,000-crore pool of 15 assets may be transferred by April

Officials at NARCL are still in the process of carrying out due diligence of the assets that have been identified…

April 7, 2022 02:15 IST

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