India's state-backed bad bank, NARCL, is aiming to acquire stressed assets worth ₹10,000 crore in the first quarter of FY26.

This move, executed under the SARFAESI Act, 2002, transfers all rights and interests to NARCL, positioning it as the new ...

In January this year, SBI Chairman Dinesh Khara said that NARCL received all approvals to commence operations and a total of 38 NPA accounts worth Rs 82,845 crore were identified to be transferred ...

ICICI Bank and Punjab & Sind Bank have signed agreements to pick up stakes in National Asset Reconstruction Company (NARCL). While ICICI Bank will be investing Rs 137.5 crore to acquire a 5% stake ...

In all, 22 lenders have exposure to JP Associates' debt. NARCL completes acquisition of SREI Cos under IBC, Resolving Rs 32,700 crore financial debt This strategic move sets the stage for the ...

Motilal Oswal Financial Services projects just 0.5% year-on-year earnings growth for the March quarter across its coverage ...

So far, NARCL has taken over approximately Rs 88,000 crore of banks’ stressed assets and is doing due diligence for another Rs 60,000 crore, Joshi said The growth in India's aviation sector over ...

This allows banks to book profits on security receipts from bad loans sold to NARCL, potentially adding Rs 20,000 crore to their earnings. The change increases liquidity and acknowledges the value ...

Last month, the Union government set up the National Asset Reconstruction Company Limited (NARCL) under the Companies Act. It thus delivered on its promise to set up a ‘bad bank’ to clean up ...

The company also recently informed that a consortium of lenders has transferred their outstanding loans to National Asset Reconstruction Company Ltd (NARCL). The total amount of the debt transferred ...