Competition from the National Asset Reconstruction Co Ltd (NARCL) and fewer opportunities for acquiring non-performing assets are expected ...

The National Asset Reconstruction Company of India (NARCL) has offered to acquire ₹271 crore in debt from the Ludhiana Talwandi Toll Road (...

Finance Minister Nirmala Sitharaman is set to meet with CEOs of state-run banks to assess their performance on government schemes and addre...

Finance Minister Nirmala Sitharaman is set to meet managing directors of public sector banks (PSBs) to review their financial performance. ...

According to the IBBI data, 67% of the insolvency cases where the resolution process was ongoing until September 2023 have exceeded the 270...

NARCL has offered ₹45 crore against a claim of ₹1,173 crore that these two banks have filed with the resolution professional, according to ...

The resolution professional set a threshold price of ₹1,143 crore - the price at which Vedanta submitted a bid. JPSL had previously offered...

Promoted by Kamal Singh, Rolta India has an outstanding due of ₹5,712 crore with banks and senior notes (overseas borrowings) of ₹3,382 cro...

NARCL's ₹3,570-crore offer for the ₹9,234 crore debt held by nine public sector lenders has triggered a Swiss challenge auction. Lenders le...

The state-owned bank is carrying a gross NPA burden of ₹29,000 crore, which is 14.9% of its outstanding loan portfolio. The Reserve Bank of...

In the case of Rainbow Papers, a revised bid has already been finalised. Local valuation firm Kakode and Associates (K&A) replaced a multin...

"Under the assumption of no further regulatory reliefs as well as without taking the potential impact of stressed asset purchases by NARCL ...

In PSB Manthan 2022, held in April, banks were asked to set up a three-year roadmap to improve their performance and competitiveness. Banks...

The government has announced that it will be divesting from many public sector banks. The government wants to keep just a few ‘strategic’ b...

NARCL is one of the two legs of the proposed Bad Bank by the government. The other one is an asset management company called - India Debt R...

The bad bank should not be a one-off deal to clean up banks' books. Loans will grow, new bad loans will creep in, and banks’ appetite for c...

NARCL-IDRCL will provide a very promising proposition for the entire Indian banking system, which would benefit in two ways. First, by sell...