RBI grants a license to NARCL under Sarfaesi Act
The Reserve Bank of India (RBI) on October 4 gave license to the ₹6,000 crore National Asset Reconstruction Company Ltd. (NARCL), a move that will help kickstart operations of the bad bank. The Reserve Bank of India (RBI) has approved the license of the National Asset Reconstruction Company Limited (NARCL) under section 3 of the SARFAESI Act 2002. The […]
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