NARCL looks at Rs 10,000 crore worth of acquisition in Q1
- Posted on April 17, 2025
- By Business News Today
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NARCL looks at Rs 10,000 crore worth of acquisition in Q1
India's state-backed bad bank, NARCL, is aiming to acquire stressed assets worth ₹10,000 crore in the first quarter of FY26. Offers have been made for companies like BGR Energy and Girija Alloys & Power. A recent RBI circular incentivised banks to sell distressed assets to NARCL, potentially boosting bank profits.
