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

Newsmantra — Fri, 01 May 2026 07:14:01 +0000

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.

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Govt Undertakes Sustained And Targeted Measures To Strengthen Human Resource Capacity In Public Sector Banks

Newsmantra — Fri, 01 May 2026 07:13:43 +0000

NEW DELHI. The Government is undertaking sustained and targeted measures to strengthen human resource capacity in Public Sector Banks (PSBs) through calibrated workforce expansion, improved operational efficiency, and governance-orientated reforms. The Ministry of Finance said that these efforts are aligned with the Government’s broader objective of building a resilient, customer-centric, and future-ready banking system. The Ministry said the recruitment in PSBs is conducted through the Institute of Banking Personnel Selection, in accordance with the specific manpower requirements of participating banks. This centralised and standardised framework ensures transparency and efficiency in the selection process. As per the data in 2025-26, a total of 50,552 candidates have been selected and issued offer letters across PSBs. It said, this is a significant augmentation of manpower to meet the growing business requirements of the banking sector.

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