NARCL to buy Kurukshetra e-way debt
Government-backed National Asset Reconstruction Company (NARCL) is set to acquire the ₹1,500 crore debt of Kurukshetra Expressway (KEPL) because no other buyer has offered a better price, said a person familiar with the details. NARCL has offered to buy the “bad loans” of KEPL for ₹345 crore. NARCL is also most likely to complete the…