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NARCL DEBT RESOLUTION
NARCL retains guarantees of Jaypee ex-promoters to boost recovery of duesNARCL has already filed applications linked to both the corporate guarantee of Jaiprakash Power Ventures and personal guarantees of chairma...26 May, 2026, 01.03 AM IST- Adani Group pays Rs 6,000 crore to Jaiprakash lenders in first tranche of Rs 14,535 crore planAdani Group has made a significant payment of ₹6,000 crore to lenders of Jaiprakash Associates. This marks the first installment of a ₹14,5...23 May, 2026, 01.16 AM IST
- NARCL recovers ₹4,364 crore in FY26 as government steps up action on mule account fraudsNARCL achieved significant recoveries in 2025-26, nearing its acquisition target. Meanwhile, officials met to address rising digital financ...01 May, 2026, 12.11 AM IST
- Sadbhav Lenders turn down NARCL offer, settle it out of courtSadbhav Engineering lenders have chosen an out-of-court debt restructuring. This decision bypasses an offer from NARCL. A consortium-led pl...06 Apr, 2026, 12.51 AM IST
- NARCL plans to separate sustainable part of Simplex Infrastructures debtNARCL had acquired the loan in cash and security receipts (SRs) for Rs 640 crore earlier this year. The state-backed bad bank had bought th...21 Aug, 2024, 01.04 AM 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
- 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
- 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 set to acquire debt of Dharani SugarsNARCL's ₹222.5 crore binding offer had triggered a Swiss Challenge auction which was scheduled on March 17. Lenders did not receive any cou...21 Mar, 2023, 12.20 AM 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
- IDBI Bank to seek bids via Swiss auction for Jaypee Infratech debt"All banks are now in the process of taking board approvals to consider the NARCL offer. Meanwhile, the Swiss challenge process will also s...05 Oct, 2022, 09.41 AM IST
- A better way out of bad loansReportedly, NARCL is now preparing to acquire 18 distressed accounts totalling ₹39,921 crore by October 31. The main reason for NARCL's fai...20 Sep, 2022, 12.25 AM IST
- India's bad bank NARCL proposes to buy 5 distressed loan accountsThe government-owned asset reconstruction company (ARC) made the proposal in a recent letter to lenders, they said, adding that the fifth c...25 Aug, 2022, 02.03 PM IST
- Bad bank starts rolling, to start by taking up Rs 50,000 crore bad loansWhile the assets will be on the books of NARCL an entity controlled by public sector banks, its resolution will be managed by Indian Debt R...30 Jan, 2022, 02.31 PM IST
- Will the bad bank be able to fix one of the world's worst toxic loan pile?NARCL-IDRCL will provide a very promising proposition for the entire Indian banking system, which would benefit in two ways. First, by sell...17 Sep, 2021, 11.08 AM IST
- Bad Bank security receipts to get Centre's backing of ₹30, 600 croreThe government will provide a guarantee of ₹30,600 crore for security receipts (SRs) issued by the proposed bad bank, finance minister Nirm...17 Sep, 2021, 10.08 AM IST
- A step forward for bad loan resolutionWhere does this leave existing asset reconstruction companies (ARCs), all 28 of them? NARCL is supposed to tackle ₹2 lakh crore worth of NP...16 Sep, 2021, 11.41 PM IST
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