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DeepNewz, mobile.
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India's bad bank, the government-backed National Asset Reconstruction Co (NARCL), completed transactions worth over Rs 24,000 crore in the last week of FY24. NARCL's high action financial processing resulted in 9 transactions, with 6 completed in just 4 days. The bad bank bought over Rs 24,000 crore of debt, doing two years' worth of business in one week.
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