Question
Banks to Transfer ____ NPA Accounts worth Over Rs 50,000
crore to NARCL in FY22 .Solution
The two arms of India’s bad bank – National Asset Reconstruction Company (NARCL) and India Debt Resolution Company (IDRCL) – have received all the requisite approvals, including from the Reserve Bank of India ( RBI ), State Bank of India ( SBI ). The banking sector will transfer 15 assets worth Rs 50,000 crore to NARCL in FY22, he said.
The Central Advisory Committee under Food Safety and Standards Act is appointed by
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A conciliator :
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