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 ...

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

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

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 ...

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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 ...

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 ...

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 ...

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 ...