"The guarantee is a big issue no doubt but the fact of the matter is that NARCL has taken too long to conduct due diligence and make concrete offers," said a person familiar with the matter. "And even when they have made offers, those have been too little for banks to take a call which has meant an unecessary back and forth. All these factors have jeapordised the NARCL idea."source https://economictimes.indiatimes.com/industry/banking/finance/banking/narcl-progress-hit-on-government-guarantee-delay/articleshow/99917514.cms
No comments:
Post a Comment