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Is A Bad Bank Or An Asset Reconstruction Company A Good Idea?

Is A Bad Bank Or An Asset Reconstruction Company A Good Idea?
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Cabinet clears proposal for government guarantee to bad bank

The Union Cabinet on Wednesday cleared a proposal to provide government guarantee to security receipts issued by the National Asset Reconstruction Company (NARCL) as part of resolution of bad loans, sources said.

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FM Nirmala Sitharaman to address media at 5 pm on Thursday

Union Finance Minister Nirmala Sitharaman will address the media at 5 pm on Thursday. While it is not yet known what the FM will be speaking about, speculation is rife that she will announce the cabinet clearance for the bad bank proposal. The Union Cabinet on Wednesday cleared a proposal to provide government guarantee to security receipts issued by the National Asset

Nirmala sitharamanNational asset reconstruction companyUnion cabinet onUnion finance minister nirmala sitharamanUnion cabinetதேசிய சொத்து புனரமைப்பு நிறுவனம்தொழிற்சங்கம் மந்திரி சபை ஆன்தொழிற்சங்கம் மந்திரி சபைIndia newsIndian economyNirmala sitharaman

FM Sitharaman to address media at 5 pm; announcement on bad bank proposal likely

During this press conference, Sitharaman is likely to make announcements related to the bad bank proposal cleared by the Cabinet

Uttar pradeshNirmala sitharamanPankaj chaudharyAsset management companyNational asset reconstruction companyUnion governmentAsset reconstruction companyUnion finance minister nirmala sitharamanFinance ministerAsset reconstruction company limitedMos finance pankaj chaudharyஉத்தர் பிரதேஷ்பங்கஜ் ச ud த்ரிசொத்து மேலாண்மை நிறுவனம்தேசிய சொத்து புனரமைப்பு நிறுவனம்தொழிற்சங்கம் அரசு

News Live: Finance Minister announces Rs 30,600 crore govt guarantee for Bad Bank

News Live: Finance Minister announces Rs 30,600 crore govt guarantee for Bad Bank
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United statesUnited kingdomWest bengalVijay rupaniNirmala sitharamanRakesh asthanaAjit pawarTapati senSonu soodOlivier veranNarendra modiGoutam dasJyotiraditya scindiaHarsh manderFilippo grandiBhupendra patel