NARCL's Focus on Rs 1.65 Trillion Stressed Debt: Insights from the Economic Survey

Monday, 22 July 2024, 09:19

The Economic Survey highlights that the National Asset Reconstruction Company Limited (NARCL) is focusing on stressed debt totaling Rs 1.65 trillion. Currently, offers for assets worth Rs 1.25 trillion are at various stages of acquisition. Additionally, evaluations for approximately Rs 40,000 crore of assets are underway. This strategic move aims to stabilize financial markets and enhance recovery efforts in the banking sector.
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NARCL's Focus on Rs 1.65 Trillion Stressed Debt: Insights from the Economic Survey

NARCL's Acquisition Strategy

The National Asset Reconstruction Company Limited (NARCL) is actively pursuing distressed assets valued at Rs 1.65 trillion, as outlined in the latest Economic Survey.

Current Progress of Acquisitions

  • Assets worth Rs 1.25 trillion are at different acquisition stages.
  • Evaluations for assets amounting to Rs 40,000 crore are currently in progress.

This initiative represents a significant step in enhancing the recovery process within the banking sector.


This article was prepared using information from open sources in accordance with the principles of Ethical Policy. The editorial team is not responsible for absolute accuracy, as it relies on data from the sources referenced.


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