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The Indian government has established the National Asset
Reconstruction Company Limited ("NARCL") to acquire and
manage bad loans in the Indian banking system and to sell such
loans. NARCL will become India's "bad bank". In this
short video our partner Siddharth Srivastava discusses this major
change in how non-performing loans will be dealt with in India and
the opportunities it creates for India's banks and investors in
distressed debts.
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