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Jaypee Infra insolvency: Decks cleared for NARCL to buy first stress asset

Jaypee Infratech deal expected to close by early Nov

Topics
Jaypee Infratech | acquisition | asset reconstruction companies

Abhijit Lele & Manojit Saha  |  Mumbai 



Jaypee infratech
Senior bank executives said no bids were received under the Swiss challenge, which was scheduled on Thursday

The decks have been cleared for government-backed National Asset Reconstruction Company (NARCL) to acquire its first stress asset, as no counter offer was made for its bid for .

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First Published: Thu, October 27 2022. 21:41 IST

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