Rating agency Crisil which had organised the webinar said it expects assets under management (AUM) growth in the sector to moderate to 5% to 6% in fiscal ending March 2025 from 17% in March 2023, which was largely because unlike last fiscal there is no large transfer from a bank (Yes Bank) to an ARC (JC Flowers).
Under the twin structure, National Asset Reconstruction Company Ltd (NARCL) — the state-backed bad bank — acquires and aggregates bad loans from lenders while another organisation, India Debt Resolution Company Ltd (IDRCL), acting parallelly as a private sector entity, focuses on resolution of the non-performing assets for enhancing the value of the loans and finding a better suitor for the troubled borrowing company.
Under the twin structure, National Asset Reconstruction Company Ltd (NARCL) — the state-backed bad bank — acquires and aggregates bad loans from lenders while another organisation, India Debt Resolution Company Ltd (IDRCL), acting parallelly as a private sector entity, focuses on resolution of the non-performing assets for enhancing the value of the loans and finding a better suitor for the troubled borrowing company.
Students of the seventh and eighth grades at Mahatma Gandhi High School in Igatpuri have developed a smart walking stick for people with vision disabilities.
Pune Police shares pic of two men with emotional message in viral post. Don t miss
Pune Police shares pic of two men with emotional message in viral post. Don t miss
In a post on Twitter, Pune Police shared a picture of two men with an emotional message. The post has gone viral on social media.
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Image posted on Twitter by Pune Police.
Times are tough as India battles the second wave of Covid-19. On social media, users are trying their level best to motivate one another and so are police officials. In a post on Twitter, Pune Police shared a heartwarming picture along with an emotional message that might just cheer you up, even for a short period of time, that is.