Jaiprakash Associates Ltd (JAL) in a regulatory filing informed that the consortium of lenders of the company have ...

In a significant development within the Indian banking sector, a consortium of lenders has transferred loans amounting to Rs ...

Jaiprakash Associates Ltd, amidst an insolvency process, has transferred its outstanding loans to National Asset ...

A consortium of lenders has transferred their loans from Jaiprakash Associates Ltd to the National Asset Reconstruction ...

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SBI-led consortium transfers ₹12,700 crore loans of Jaiprakash Associates to NARCL, marking a significant breakthrough in ...

JAL, which was classified as a non-performing asset (NPA) in 2016 and was admitted to bankruptcy court last year, has been at ...

National Asset Reconstruction Co Ltd (NARCL) has emerged as the sole bidder to take over the outstanding lenders’ debt of McLeod Russel India Ltd (MRIL) with an offer of ₹700 crore. The Khaitan family ...

State-owned National Asset Reconstruction Company (NARCL) is eyeing stressed debt acquisitions totaling Rs 1.25 trillion, with offers for assets in different stages of acquisition, due diligence. Of ...

The reluctance of lenders to accept security receipts (SRs) and the time taken in negotiation in connection with the valuation of stressed loans have impacted the work of the National Asset ...

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 ...