Gujarat-based NBFC tops NARCL bid for consolidated construction

Raj Radhe's offer was in response to a Swiss challenge called by banks after the anchor bid by NARCL last month. This is the third offer received by banks in response to NARCL bids. It remains to be seen whether the government-backed bad loan aggregator uses its option to match or beat its challenger.

from Banking/Finance-Industry-Economic Times https://ift.tt/lTBNxru