NARCL capital base increases to Rs 1500 cr as new lenders join - Economic Times

Existing shareholders have infused more capital to keep their shareholding at the current levels while new shareholders have picked up less than 5% each, these people said speaking on the condition of anonymity because the transaction is still not public.

Eight new banks including private sector ICICI Bank, HDFC Bank, Axis Bank and IDBI Bank have put in fresh equity in the government backed distressed asset manager National Asset Reconstruction Co Ltd… [+3756 chars]

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