Srei insolvency: NARCL wins bid for stressed twin NBFCs

The Committee of Creditors on Wednesday approved the plan submitted by NARCL, which offered a Net Present Value (NPV) bid of Rs 5,555 crore, after it received the highest vote of 89.2 per cent from verified creditors.

from Banking/Finance-Industry-Economic Times https://ift.tt/9qLn8FZ