<?xml version="1.0" encoding="UTF-8"?>
<?xml-stylesheet type="text/xsl" href="https://www.taxtmi.com/rss_sitemap/rss_feed_blog.xsl?v=1750492856"?>
<rss version="2.0" xmlns:atom="http://www.w3.org/2005/Atom">
  <channel>
    <title>Secretary DFS reviews performance of National Asset Reconstruction Company Limited (NARCL)</title>
    <link>https://www.taxtmi.com/news?id=68907</link>
    <description>Secretary, DFS reported NARCL increased acquired accounts to 30 with aggregate debt exposure of about Rs 1.63 lakh crore and a pipeline toward the Rs 2 lakh crore target. Net recovery rose by ~Rs 1,439 crore to total recoveries of Rs 5,496 crore; security receipt redemption totals Rs 4,803 crore, with 100% SR redemption and upside distribution in three accounts. Discussion focused on shortening acquisition timelines by addressing inter-se creditor issues from differential security structures, additional collateral and valuation disputes, and on coordinated action with lenders to follow decisions made in the Joint Lenders Meeting (JLM).</description>
    <language>en-us</language>
    <pubDate>Thu, 29 Jan 2026 09:20:00 +0530</pubDate>
    <lastBuildDate>Thu, 29 Jan 2026 09:19:59 +0530</lastBuildDate>
    <generator>TaxTMI RSS Generator</generator>
    <atom:link href="https://www.taxtmi.com/rss_feed_blog?id=881897" rel="self" type="application/rss+xml"/>
    <item>
      <title>Secretary DFS reviews performance of National Asset Reconstruction Company Limited (NARCL)</title>
      <link>https://www.taxtmi.com/news?id=68907</link>
      <description>Secretary, DFS reported NARCL increased acquired accounts to 30 with aggregate debt exposure of about Rs 1.63 lakh crore and a pipeline toward the Rs 2 lakh crore target. Net recovery rose by ~Rs 1,439 crore to total recoveries of Rs 5,496 crore; security receipt redemption totals Rs 4,803 crore, with 100% SR redemption and upside distribution in three accounts. Discussion focused on shortening acquisition timelines by addressing inter-se creditor issues from differential security structures, additional collateral and valuation disputes, and on coordinated action with lenders to follow decisions made in the Joint Lenders Meeting (JLM).</description>
      <category>News</category>
      <law>-</law>
      <pubDate>Thu, 29 Jan 2026 09:20:00 +0530</pubDate>
      <guid isPermaLink="true">https://www.taxtmi.com/news?id=68907</guid>
    </item>
  </channel>
</rss>