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NARCL RECOVERIES
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- PNB Q4 net profit rises 14% YoY to ₹5,225 crore; targets ₹2 lakh crore digital book in FY27Punjab National Bank is seeing strong digital growth, sanctioning one in three loans digitally and crossing ₹1 lakh crore in digital sancti...06 May, 2026, 12.16 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 to take over Rs 1000 crore Kay Bouvet debtNational Asset Reconstruction Co Ltd, or NARCL, will acquire the Rs 1000 crore debt of Kay Bouvet Engineering. Banks sought challenging bid...28 Mar, 2026, 10.20 AM IST
- 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
- Bad bank framework set for overhaul with NARCL-IDRCL mergerIndia's bad bank framework is set for a significant structural change, with plans to merge the National Asset Reconstruction Co (NARCL) and...24 Mar, 2026, 06.39 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's offer for Entertainment City debt pegs recovery at 95%The National Asset Reconstruction Co (NARCL) offer for the ₹751 crore debt has triggered a Swiss challenge auction scheduled on March 1. Th...20 Feb, 2024, 11.57 PM IST
- Govt says 10 PSBs transferred NPAs of over Rs 11,617 cr to NARCL from Jan-NovIn a written reply to a question in the Rajya Sabha, Minister of State for Finance Bhagwat Karad said the National Asset Reconstruction Com...12 Dec, 2023, 03.33 PM IST
- NARCL pays Srei lenders promised upfront cashThe cash was distributed as part of the ₹3,180 crore upfront payment promised by the bad bank in its winning bid and was credited to banks ...25 Sep, 2023, 11.42 AM IST
- Indian Bank to hold second Swiss auction for Dharani Sugars' loansThe change in the deal structure was necessitated after the government refused to recognise the proposal by the bad loan aggregator earlier...24 Aug, 2023, 10.49 AM IST
- NARCL's Dharani takeover hits a government bumpThe structure proposed by NARCL envisaged the creation of two trusts one of which is to exclusively deal with payments to State Bank of Ind...14 Jul, 2023, 10.17 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 can better its offers after changes in valuation methodIn the case of Rainbow Papers, a revised bid has already been finalised. Local valuation firm Kakode and Associates (K&A) replaced a multin...20 Sep, 2022, 06.40 AM IST
- NARCL offers too low, feel bankersIn the case of CCC, bankers were stunned to receive a ₹60 crore bid for a total of ₹2,623 crore outstanding dues, a less than 3% recovery f...05 Aug, 2022, 09.09 AM IST
- Strict timeline to be set to resolve bad loans sold to NARCLMoreover, the guarantee will lapse if resolutions are not completed within five years, these people said. SRs are issued by ARCs in cases w...23 Jun, 2021, 07.22 AM IST
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