1 / 8Banks have concluded the transfer of stressed Jaiprakash Associates (JAL) loans to NARCL for ₹12,000 crore.
2 / 8Banks to see recovery of ₹12,000 crore against principal loan amount of ₹14,500 crore; recovery to reflect in Q4 earnings.
3 / 8As many as 25 banks led by SBI have received ₹1,800 crore cash upfront and rest in the form of security receipts from NARCL.
4 / 8SBI recovers ₹501 crore in cash and ₹2,843 crore in security receipts from sale to NARCL.
5 / 8ICICI Bank recovers ₹270 crore cash and ₹1,550 crore in security receipts; IDBI gets ₹240 crore cash and ₹1,400 crore in security receipts.
6 / 8Axis Bank gets ₹185 crore cash and ₹1,050 crore in security receipts; LIC gets ₹80 crore cash and ₹450 crore in security receipts.
7 / 8Canara Bank gets ₹107 crore in cash and ₹608 crore in security receipts from sale to NARCL.
8 / 8JAL is facing total claims of over ₹52,000 crore from creditors under IBC.
