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SBI s Padma Nair to be NARC s first CEO SECTIONS Share Synopsis ​​ The NARC will aggregate the bad loans and transfer them to a step-down asset management company (AMC) which will manage the assets for sale. A separate CEO is likely to be appointed for the AMC. The NARC will aggregate the bad loans and transfer them to a step-down asset management company (AMC) which will manage the assets for sale. A separate CEO is likely to be appointed for the AMC. State Bank of India (SBI) chief general manager (CGM) Padma Kumar Nair is all set to take over as the first chief executive officer (CEO) for the government approved National Asset Reconstruction Company s (NARC), three people familiar with the process said. Nair was selected as the preferred candidate by a five member committee appointed by the Indian Banks Association (IBA) on Saturday. He is likely to be given a five year term.

Padma kumar nairAxis bankNational asset reconstruction companyLife insurance corpCanara bankIndian bank associationPower finance corpRural electrification corpUnion bankState bankஅச்சு வங்கிதேசிய சொத்து புனரமைப்பு நிறுவனம்வாழ்க்கை காப்பீடு கார்ப்கனரா வங்கிஇந்தியன் வங்கி சங்கம்பவர் நிதி கார்ப்