Sunday, September 18, 2022

Bad bank plans to buy 18 distressed a/cs totalling Rs 39,921 crore by October 31

NARCL has engaged consultants such as EY, PwC, Alvarez and Marsal, KPMG, Grant Thornton to conduct due diligence for the 18 accounts. It will rely on the due diligence reports to finalise binding offers for these accounts.

source https://economictimes.indiatimes.com/industry/banking/finance/banking/bad-bank-plans-to-buy-18-distressed-a/cs-totalling-rs-39921-crore-by-october-31/articleshow/94289604.cms

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