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.

Practice Next

More Financial Management Questions

Rubisco stands for
Poisonous alkaloid in castor seed is
Which among the following is an edible poded variety of garden peas of dual purpose?
Which colour of the tag is used for foundation stage seed?
In the CGMS system, the “B line” serves as the:
The short range forecasting is issued twice a day and is valid for _____________________
The nitrifying bacteria are
Ladakh got it first ever GI tag to which of the following agriculture commodity?
The term pegging is concerned to which crop?
In jute growing areas the usual alternate crop is .......................?

Which of the following best describes the role of the

Solution