NARCL: NARCL's federal guarantee comes through after delay
"The guarantee has been approved by the department of financial services (DFS) earlier this week. It is now expected that NARCL will complete the take over of SPML debt by next week, the first takeover by the bad bank in more than three months," said a person aware of the process.
Jaypee Infratech National Asset Reconstruction Company Canara Bank Union Bank Helios Photovoltaic Rolta India
Source: indiatimes.com