Thursday, January 4, 2024

BANKING

The sudden change of guards at the government-promoted asset reconstruction has surprised many industry players that acquires bad loans by offering cash and security receipts guaranteed by the centre. Natarajan Sundar is the second person among NARCL's top management to resign from the post before completing his tenure. Last August, Karnam Sekar, chairman of NARCL, resigned without specifying any reason ahead of his term.

from Banking/Finance-Industry-Economic Times https://ift.tt/fIe9LvX
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