Search For "national asset reconstruction company"
All approvals granted for setting up 'Bad Bank': SBI Chairman
Updated : 4 years, 4 months ago IST
Mumbai [India], January 28 (ANI): State Bank of India (SBI) Chairman Dinesh Kumar Khara said on Friday all the required approvals to set up the National Asset Reconstruction Company or what is popularly called a 'bad bank' has been granted, including by the Reserve Bank of India.
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National Asset Reconstruction Company to acquire stressed assets of about
Updated : 4 years, 8 months ago IST
New Delhi [India], September 16 (ANI): Union Cabinet approved the Central Government guarantee of Rs 30,600 crore to back Security Receipts issued by National Asset Reconstruction Company Limited (NARCL) for acquiring stressed loan assets on Wednesday.
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Union Bank to pick up 9 pc stake in NARCL
Updated : 4 years, 11 months ago IST
New Delhi [India], June 7 (ANI): Union Bank of India (UBI) on Monday said it will pick stake in the National Asset Reconstruction Company Ltd (NARCL) and has identified Non Performing Assets (NPAs) worth Rs 7,800 crore to be transferred to the proposed bad bank for resolution.
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