NARCL-IDRCL merger to overhaul bad bank framework
after close1 source ↓written by the desknot a recommendation
- in March 2018
- 16%
- by March 2025
- 2.3%
India's bad bank framework is poised for a significant overhaul with the proposed merger of NARCL and IDRCL. This merger aims to streamline asset acquisition and resolution functions, expected to finalize in six to nine months pending regulatory approvals. The restructuring follows a period of high non-performing assets, which peaked at 16% in March 2018, now reduced to 2.3% by March 2025.
Not investment advice. For informational purposes only.