NARCL: Procedural delays led to non-transfer of NPAs worth Rs 50,000 crore by March 31
Non-performing assets worth Rs 50,000 crore could not be transferred to the National Asset Reconstruction Company Ltd (NARCL) by March 31 due to “procedural delays”, a senior bank official said on Wednesday. The transfer of these 15 Non-Performing Assets (NPAs) is expected to happen very quickly by the end of April. “We were trying to …