India’s ‘bad bank’ gets into action, to acquire ₹82,845 crore NPAs soon
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India’s bad bank, National Asset Reconstruction Company (NARCL) will acquire and aggregate the identified NPA accounts from banks and India Debt Resolution Company Ltd (IDRCL) will handle the debt resolution process.India’s bad bank, National Asset Reconstruction Company (NARCL) will acquire and aggregate the identified NPA accounts from banks and India Debt Resolution Company Ltd (IDRCL) will handle the debt resolution process.
