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The Economic Times

Economy / The Economic Times

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NARCL may bid 900 cr for Videocon Oil's over 30,000 cr debt

National Asset Reconstruction Company of India (NARCL) plans to bid approximately 900 crore for Videocon Oil Ventures' (VOVL) stressed debt, which has admitted claims of 30,640 crore. After months of negotiations and addressing complexities, the bad bank has formalized its offer, potentially leading to a Swiss Challenge process.

27 Feb 2026 12:49 am