Question

Which of the following best describes the role of the

Q: Answer-Which of the following best describes the role of the National Asset Reconstruction Company Ltd (NAR...

NARCL was established to address large NPAs in the banking sector, specifically focusing on assets worth 500 crore or more. It plays a pivotal role in resolving these large stressed loans, particularly in public sector banks.

National Asset Reconstruction Company Ltd (NARCL) in the Indian banking sector?

A It primarily focuses on acquiring small NPAs from rural banks.

B It handles the resolution of large stressed loan assets over ₹500 crore.

C It is responsible for lending new loans to public sector banks.

D It operates as a regulatory body for other ARCs.

E It serves as a government entity for the securitization of public sector bank loans.

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