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rainbow papers

narcl: NARCL to make its first acquisition in Jaypee Infratech

Jason Junior Oct 28, 2022 0

India's state-sponsored bad bank is set to make its first distressed-debt acquisition since its formation a year ago. The National Asset Reconstruction Co (NARCL) emerged as the winning…
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Business

banks: Fin Min asks banks to sell at least 3 accounts to NARCL by Oct-end

Jason Junior Sep 15, 2022 0

Mumbai: Finance ministry has directed banks to sell at least three accounts - Rainbow Papers, Mittal Corp, and Company by October end - to the government-promoted bad bank - National…
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