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NARCL offers ₹270 cr for Pink City Expressway, recovery likely at 15%

The government-backed bad loan aggregator, National Asset Reconstruction Co (NARCL), has made a ₹270 crore offer for Pink City Expressway Private Limited (PCEPL), the company which was formed to build, operate and maintain the six-lane Gurugram-Kotputli-Jaipur section of the Delhi-Jaipur highway. PCEPL has ₹1,761 crore of outstanding loans and another ₹30 crore of bank guarantees. The bad bank acquires loans by paying 15% of the amount in cash and the rest in security receipts (SRs), which are to be matched with recovery over time. ....

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Form 424B2 KOREA DEVELOPMENT BANK

Form 424B2 KOREA DEVELOPMENT BANK
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SG Finserve Limited - Business Update for Q2FY24

SG Finserve Limited - Business Update for Q2FY24
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