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NARCL OFFER INCREASE
NARCL acquires Rs 1,000-cr debt of Entertainment City for Rs 711 croreThe National Asset Reconstruction Company has taken over the debt of Entertainment City. Punjab National Bank accepted NARCL's ₹711-crore o...19 Nov, 2025, 06.00 AM IST- Jaiprakash Associates offers more than NARCL, but creditors waryJaiprakash Associates (JAL) has presented a ₹16,000-crore settlement offer to avoid bankruptcy, proposing an initial ₹4,000 crore payment a...04 Dec, 2024, 02.47 PM IST
- NARCL ups offer for Jaiprakash Associates debt to Rs 12,000 croreNARCL has increased its bid to acquire the debt of Jaiprakash Associates to ₹12,000 crore. The revised offer comes as the company's appeal ...13 Nov, 2024, 11.46 PM IST
- Yet another ARC to shut shop, this time an Aditya Birla joint ventureAditya Birla Asset Reconstruction Company is winding down its operations in India, joining other fund-backed ARCs exiting due to challenges...31 Oct, 2024, 12.30 AM IST
- Dharani Sugars bid puts ARCs on par with NARCLPrivate asset reconstruction companies (ARCs) in India are now on an equal footing with the government-owned bad bank NARCL. This comes aft...18 Sep, 2023, 12.56 AM IST
- Rare Asset Reconstruction Company to acquire Chennai-based Rainbow Papers' debtBank of India (BoI) was the last bank to give its consent for the transfer of the debt to Rare late last month, following which the process...07 Sep, 2023, 12.34 AM IST
- Srei twins resolution plan: Authum appeals against NCLT orderOn Wednesday, a two judge bench of the National Company Law Appellate Tribunal (NCLAT) issued notices to the committee of creditors (CoC), ...17 Aug, 2023, 09.55 AM IST
- Authum seeks review of appraisal matrix in Srei insolvencyThe Mumbai-based non-banking finance company (NBFC) has also offered an additional upfront payment of ₹250 crore over and above its origina...23 Feb, 2023, 12.59 AM IST
- Budget 2023: Six ways to accelerate pace of credit growth in IndiaUnion Budget 2023: While credit growth till October this fiscal has been 8.4%, retail and corporate lending is expected to be robust in the...13 Jan, 2023, 11.15 AM IST
- Srei lenders to hold challenge auction Tuesday to select winnerLenders have set a threshold value of ₹3,000 crore as upfront payment - the minimum a resolution applicant must pay to be in the fray, said...30 Dec, 2022, 05.59 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
- With an ₹860 crore VOVL bid, NARCL eyes the single-largest debt buyout by any ARCNARCL's offer has an 15:85 structure - 15% of the consideration will be upfront cash while the balance will be in security receipts (SRs) p...22 Nov, 2022, 05.02 AM IST
- SBI sees 14%-15% corporate credit growth in FY23Demand for corporate loans is being driven by improved capacity utilisation, higher working capital and to a small extent, by a shift in de...16 Nov, 2022, 05.43 PM IST
- IDBI Bank hopes to maintain NIM above 3.5%: Rakesh Sharma“The portfolio of advances by the ratio of investment graded accounts has increased. The quality of advances are being maintained but we wi...25 Oct, 2022, 01.51 PM IST
- NARCL capital base increases to Rs 1500 cr as new lenders joinExisting shareholders have infused more capital to keep their shareholding at the current levels while new shareholders have picked up less...24 Mar, 2022, 09.25 PM IST
- Bad Bank should be temporary: Former RBI Governor D SubbaraoSubbarao noted that despite the pandemic, the bad loan situation may be somewhat better this year and banks should move quickly and dispose...01 Oct, 2021, 03.15 PM 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
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