BANKING

The National Asset Reconstruction Company's (NARCL) bid to take over the debt of the twin Srei Group NBFCs is being questioned by some bankers who believe the government-backed bad-loan aggregator, instead of competing with other funds to take over companies, should focus on its mandate: Consolidate bad loans from banks.

from Banking/Finance-Industry-Economic Times https://ift.tt/PJm1ze5
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