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

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

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

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

Jaiprakash Associates Ltd's consortium of lenders has transferred their outstanding debt to National Asset Reconstruction ...

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

charged for financial assistance granted by them to JAL in favour of NARCL". Jaiprakash Associates Ltd (JAL) in a regulatory filing informed that the consortium of lenders of the company have ...

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 ...

ICMS had extended the timeline to find a competing bid by a week to January 14 last Wednesday but since no offer came up in the time period, NARCL's is now the only one to take over JAL, people ...

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 ...

Mumbai, Union Bank of India on Friday said it has identified eight troubled accounts worth Rs 3,000 crore to be sold to the national bad bank NARCL this fiscal. The lender has more than doubled ...