Earlier this month NARCL had matched Gujarat-based NBFC Raj Radhe Finance's ₹130 crore challenge to its ₹100 crore offer to take over the ₹2,623 crore outstanding dues of the company, ET reported in its December 5 edition. It is now learnt that the offer is on a full cash basis.source https://economictimes.indiatimes.com/industry/banking/finance/narcl-makes-an-all-cash-offer-for-cccs-debt/articleshow/96351960.cms
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