Cabinet Nod To Guarantee Of Rs 30,600 Crore For Bad Bank

PUBLISHED ON: September 16, 2021 | Duration: 20 min, 11 sec

  
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The Union Cabinet has approved a Central government guarantee up to ₹ 30,600 crore, which would be given to the National Asset Reconstruction Company Limited (NARCL) for a period of five years, Finance Minister Nirmala Sitharaman said today. Prime Minister Narendra Modi today inaugurated Defence Offices Complexes at Kasturba Gandhi Marg and Africa Avenue in the national capital. The site of the Ram temple in Ayodhya, where Phase 1 of the construction is almost complete, was showcased by the Ram Janmabhoomi Trust for the first time today. Officials of the trust said the construction will meet the deadline.
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