Latest Breaking News On - Outstanding loans - Page 1 : comparemela.com

The government-backed bad loan aggregator, National Asset Reconstruction Co (NARCL), has made a ₹270 crore offer for Pink City Expressway Private Limited (PCEPL), the company which was formed to build, operate and maintain the six-lane Gurugram-Kotputli-Jaipur section of the Delhi-Jaipur highway. PCEPL has ₹1,761 crore of outstanding loans and another ₹30 crore of bank guarantees. The bad bank acquires loans by paying 15% of the amount in cash and the rest in security receipts (SRs), which are to be matched with recovery over time.

United arab emiratesAndhra pradeshKarnam sekarDiwakar guptaNatarajan sundarEmirates trading agencyCanara bankNational asset reconstruction coPink city expressway private limitedGroup of hyderabadState bankPink city expresswayDelhi jaipur highwayOutstanding loansBad loansBad banks