National Asset Reconstruction Co Ltd (NARCL) has emerged as the preferred bidder to take over the distressed Jaiprakash Associates Ltd (JAL) after process advisor IDBI Capital Markets & Securities (ICMS) did not receive …
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NARCL
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India’s state-sponsored bad bank is set to make its first distressed-debt acquisition since its formation a year ago. The National Asset Reconstruction Co (NARCL) emerged as the winning bidder for the debt …



