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Italian Banks Slash Non-Performing Loans to Record Lows, But Challenges Remain

Aug 2, 2024 | News

July 30, 2024 – Italian banks have achieved a significant milestone in their ongoing efforts to clean up their balance sheets. According to a report released by PwC, non-performing loans (NPEs) held by Italian banks have dropped dramatically to under €53 billion by...

NARCL Sets Sights on Rs 1.25 Trillion in Stressed Assets

Jul 23, 2024 | News

The National Asset Reconstruction Company Ltd. (NARCL) is poised to acquire stressed debts worth Rs 1.25 trillion, as revealed in the latest Economic Survey. The NARCL has begun the process of evaluating assets totaling around Rs 40,000 crore. Since its inception in...

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