December 17, 2024 00:32 (IST)
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What is NARCL, who has set it up? Finance Ministry answers this and many more questions on 'Bad Bank'

What is NARCL, who has set it up? Finance Ministry answers this and many more questions on 'Bad Bank'

Sep 17, 2021, at 12:41 am

New Delhi/IBNS: Central Government guarantee of Rs 30,600 crore to back Security Receipts issued by National Asset Reconstruction Company Limited (NARCL) for acquiring stressed loan assets was approved by Union Cabinet on Wednesday.