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NARCL DEBT ACQUISITION
NARCL set to acquire debt of Kay Bouvet EngineeringSpecialised equipment maker Kay Bouvet Engineering's Rs 1,000 crore debt is poised for takeover by NARCL. Banks will see a 13% recovery thr...28 Mar, 2026, 07.38 AM IST- NARCL to buy Kurukshetra e-way debtIn a significant move towards debt resolution, the government-supported NARCL is set to take over KEPL's outstanding ₹1,500 crore debt for ...14 Mar, 2026, 09.44 AM IST
- NARCL may bid ₹900 cr for Videocon Oil's over ₹30,000 cr debtNational Asset Reconstruction Company of India (NARCL) plans to bid approximately ₹900 crore for Videocon Oil Ventures' (VOVL) stressed deb...27 Feb, 2026, 12.49 AM IST
- NARCL looks at Rs 10,000 crore worth of acquisition in Q1India's state-backed bad bank, NARCL, is aiming to acquire stressed assets worth ₹10,000 crore in the first quarter of FY26. Offers have be...17 Apr, 2025, 04.26 PM IST
- Ludhiana toll road lenders approve NARCL's Rs 270 cr offer to settle debtThe Ludhiana Toll Road project, initially planned to be completed by 2014, became a non-performing loan due to delays. PNB is the lead lend...02 Jun, 2024, 11.53 PM IST
- Lenders seek RBI clearance to sell Jaiprakash Associates loan to NARCLSBI-led lenders seek RBI approval to transfer JAL's ₹18,000 crore debt to NARCL for a ₹10,000 crore acquisition, impacting IBC processes an...02 May, 2024, 12.57 AM IST
- Bad bank does two years' worth of business in one week, buys over Rs 24,000 cr of debt just before FY24 endsNARCL completed transactions of ₹24,000 crore in bank debt during FY24. It transferred road assets, including Metenere and Simplex Infrastr...30 Mar, 2024, 05.30 AM IST
- NARCL emerges winning bidder for Rs 17,000 cr debtThe National Asset Reconstruction Company of India (NARCL) has been the winning bidder for six distressed accounts with outstanding debt of...08 Mar, 2024, 12.48 AM IST
- NARCL finalises acquisition of two SREI companies"This would be one of the largest time-bound resolutions in recent years," NARCL managing director N Sundar was quoted as saying in a press...08 Dec, 2023, 09.57 PM IST
- State-owned 'bad bank' acquires three accountsIndia's state-owned 'bad bank,' National Asset Reconstruction Company Ltd (NARCL), has acquired three more accounts in the past two weeks, ...20 Oct, 2023, 03.03 PM IST
- Bad Bank's chairman Karnam Sekar resigns after proposal to merge with IDRCLThe bad bank, officially known as National Asset Reconstruction Company of India (NARCL), was set up a year ago to acquire the sticky loans...30 Aug, 2023, 12.27 AM IST
- NARCL to step up acquisitions of distressed assets in FY24National Asset Reconstruction Co Ltd (NARCL) aims to acquire ₹30,000 crore of Srei Equipment Finance and Srei Infrastructure Finance loans ...10 Apr, 2023, 07.18 AM IST
- CCI approves SREI Infra Finance's acquisition by NARCL, IDRCLThe Competition Commission of India (CCI) has approved the acquisition of Srei Infrastructure Finance by National Asset Reconstruction Comp...06 Apr, 2023, 10.22 PM IST
- NARCL acquires Helios PhotovoltaicBased on the anchor bid from NARCL, PNB Investment Services had run the Swiss Challenge auction and asked interested bidders to bid at a ma...08 Mar, 2023, 12.48 AM IST
- NARCL matches Raj Radhe's Rs 130-cr bid for CCCLast week, ET reported that NARCL had agreed to match Rare ARC's counter bid to take over the debt of rice exporter SSA International, maki...05 Dec, 2022, 06.29 AM IST
- NARCL agrees to match rare ARC's bid for SSA International's debtRare had offered ₹32.5 crore to top NARCL's offer of ₹31 crore under a Swiss challenge conducted by lead lender State Bank of India (SBI) l...02 Dec, 2022, 10.28 AM IST
- NARCL to make its first acquisition in Jaypee InfratechLenders expect to close the transaction by the first week of November. It will involve NARCL acquiring ₹9,234 crore of stressed loans. In t...28 Oct, 2022, 12.20 AM IST
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