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Loan write-offs by top 10 state-run banks fell to lowest in five fiscal years in FY24, shows data

Loan write-offs by top 10 state-run banks fell to lowest in five fiscal years in FY24, shows data
moneycontrol.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from moneycontrol.com Daily Mail and Mail on Sunday newspapers.

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Lenders seek RBI clearance to sell Jaiprakash Associates loan to NARCL, ET RealEstate

SBI-led lenders seek RBI approval to transfer JAL s ₹18,000 crore debt to NARCL for a ₹10,000 crore acquisition, impacting IBC processes and NCLT resolutions. Dalmia Cement offers ₹5,666 crore for JAL s units amid ongoing litigations. ....

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Lenders seek RBI clearance to sell Jaiprakash Associates loan to NARCL

Lenders seek RBI clearance to sell Jaiprakash Associates loan to NARCL
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FPIs trim stake in private banks

FPIs trim stake in private banks
financialexpress.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from financialexpress.com Daily Mail and Mail on Sunday newspapers.

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NARCL: NARCL raises ₹670 cr in fresh equity from existing shareholders

The government-promoted National Asset Reconstruction Company (NARCL) has raised ₹670 crore equity from existing shareholders and is in the process of raising ₹3,200 crore debt to support its plan to acquire ₹1 lakh crore of stressed assets. However, the bond issuance has faced challenges due to pricing differences between existing shareholders and the NARCL board. The ARC aims to raise funds through a five-year bond and fund-based limits but is negotiating the coupon rate with shareholders. ....

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