Cabinet Clears Government Guarantee Of Rs. 30,600 Crore For Bad Bank

PUBLISHED ON: September 16, 2021 | Duration: 2 min, 37 sec

  
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The Union Cabinet has approved Central Government guarantee to the tune of up to ₹ 30,600 crores, which would be given to the National Asset Reconstruction Company Limited (NARCL) for a period of five years, Finance Minister Nirmala Sitharaman said on Thursday.
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