Question
National Asset Reconstruction Company Limited (NARCL)
has aggregated debt of around _______ till March 2023, through acquisition of three stressed loans in which Jaypee Infratech became the first large stressed account to be transferred to NARCL by lenders led by IDBI Bank.Solution
National Asset Reconstruction Company Limited (NARCL) has aggregated debt of around Rs 21,000 crore till March 2023, through acquisition of three stressed loans. NARCL, or the bad bank, has been set up as part of the resolution of stressed loans in the banking system. In January 2023, Jaypee Infratech became the first large stressed account to be transferred to NARCL by lenders led by IDBI Bank. The company was among the 12 large accounts referred by the Reserve Bank of India (RBI) to the National Company Law tribunal (NCLT) in 2017. The total exposure of all the banks to Jaypee Infratech was over Rs 9,000 crore and IDBI Bank’s exposure stood at Rs 3,750 crore.
Which ecologist is famous for studying plant life in the Indiana Dunes in 1896?
In which state the 14th edition of the World Spice Congress was organized?
The layer of earth that separates the crust from the core is:
Coastal mangroves in ________, Sri Lanka, and the Maldives were rated “critically endangered” by the International Union for Conservation of Nature ...
Personal checks, cashier's checks, money orders, certificates of deposit (CDs), promissory notes, and traveler's checks are called NID. What does ‘I�...
Following is the information relating to a club for the year ending 31.03.2022:
Subscription outstanding as on 31.03.2021 �...
Where in the World can we find the Nobel museum?
It is the festival of Martial Dance is celebrated to mark the major victory of peace over war. What is the name of the festival and where it is celebra...
According to the Cultural Ministry of India, currently India have how many Classical dances?
All fraud cases of value below ₹ 10,000/- involving bank officials, should be referred to the ___ of the bank?
Relevant for Exams:
