The National Asset Reconstruction Company expects to recover upto Rs 64,000 crore via resolution of bad loans. Market regulator Sebi on Tuesday cleared proposals that helps in easing delisting norms.
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More on that stories and other top headlines of the day:
NARCL expects to recover up to Rs 64,000 cr through resolution of bad loans
The newly formed National Asset Reconstruction Company (NARCL) expects to recover between Rs 50,000 crore and Rs 64,000 crore through the resolution of bad loans amounting to Rs 2 trillion. The most likely recovery has been pegged at 28 per cent or Rs