In which year was the National Asset Reconstruction Company Ltd. (NARCL), commonly known as the Bad

Q. In which year was the National Asset Reconstruction Company Ltd. (NARCL), commonly known as the Bad Bank, established?
Answer: 2021
Notes: The National Asset Reconstruction Company Ltd. (NARCL) was established in 2021 to tackle the rising issue of Non-Performing Assets (NPAs) in India's banking sector, consolidating and resolving stressed assets effectively.

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