All posts tagged "bad bank"
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512BUSINESSBad bank: Lenders directed to sell at least 3 accounts to NARCL by October-end
New Delhi: Indian lenders have been instructed by the Finance Ministry to sell at least three accounts – Rainbow Papers, Mittal Corp,...
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622MUST KNOWSBI gets approvals for setting up ‘bad bank’: All you need to know
SBI has received approvals for setting up National Asset Reconstruction Company (NARCL) and India Debt Resolution Company (IDRCL). New Delhi: The approvals required for...
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811BUSINESSGovt Paves Way for Bad Bank: What is NARCL and How it Will Help the Lenders
The idea of “ bad bank” which was mooted by the Finance Minister Nirmala Sitharaman in the Union Budget of 2021-2022 is getting its...
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297BUSINESSFinance Minister likely to announce sovereign guarantee for ‘bad bank’ today
Finance Minister Nirmala Sitharaman may announce the govt guarantee on securities receipts. The Union Cabinet is learnt to have approved the proposal...
