New Asset Reconstruction and Asset Management Company Current Affairs, GK & News

Budget 2021: New Asset Reconstruction and Asset Management Company to be set up

February 1, 2021

The finance Minister of India, Nirmala Sitharaman, has announced during the presentation of the Union Budget 2021 that a new asset reconstruction and asset management company will be set up in India. Key facts The new Asset reconstruction and asset management company will look after the Non-Performing Assets (NPAs) of stressed banks. New amendments will ..

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