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VERIFIEDET Finance·neutral

ARC consolidation: Govt weighs ASREC merger with NARCL

AI Summary
  • ·The government is considering merging ASREC Asset Reconstruction Company with NARCL.
  • ·This move aims to enhance state-sponsored bad-loan resolution efforts.
  • ·The proposal focuses on consolidation rather than growth for ASREC ARC.
LICI
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