newsmantra.in l Latest news on Politics, World, Bollywood, Sports, Delhi, Jammu & Kashmir, Trending news | News Mantra
PSU Mantra

NARCL Has Emerged As Key Pillar In Nation’s Stressed Asset Resolution Framework: Finance Ministry

NARCL stressed asset resolution India Finance Ministry

NEW DELHI. The Ministry of Finance has said that the National Asset Reconstruction Company Limited (NARCL) has emerged as a key pillar in the nation’s stressed asset resolution framework, supporting the strengthening of the banking sector’s balance sheets.

The Ministry said that the financial year 2025-26 marks a significant acceleration in NARCL’s recovery efforts. During the year, the company has realised four thousand 3 hundred 64 crore rupees, accounting for around 70 percent of its cumulative recoveries.

It also said that recoveries have been made in 23 accounts, with total recoveries amounting to six thousand 345 crore rupees. This represents over 48 percent of the acquisition cost, while further recoveries are currently underway. It added that three accounts have been fully resolved, delivering recovery rates of 148 percent, 115 percent, and 183 percent, reflecting value maximisation and positive outcomes for lenders.

Related posts

Interactive session with Company Secretaries of CPSEs on Effective functioning of Boards.

Newsmantra

PFC has partnered with Export Finance Australia (EFA) to secure an ECA-backed financing facility from Citi, marking EFA’s first-ever financing initiative in India.

Newsmantra

Alumni of Ispat English Medium School, Sector-20 express their earnest gratitude to the school for shaping their lives   

Newsmantra

This website uses cookies to improve your experience. We'll assume you're ok with this, but you can opt-out if you wish. Accept Read More