Cabinet approves Rs 30,600cr govt guarantee for bad banks: Key points ...Middle East

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Cabinet approves Rs 30,600cr govt guarantee for bad banks: Key points
source : The Times of India ( Middle East ) () 20
The Union Cabinet has cleared a proposal to provide Rs 30,600 crore government guarantee for security receipts issued by the National Asset Reconstruction Company (NARCL) as part of resolution of bad loans, finance minister Nirmala Sitharaman said on Thursday.

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