Pradip Shah appointed as Chairman of National Asset Reconstruction Company

Pradip Shah as Chairman of National Asset Reconstruction Company – The founder of IndAsia Fund Advisors Mr Pradip Shah has been appointed as the chairman of National Asset Reconstruction Company (NARCL) and Aditya Birla Asset Reconstruction Company managing director Sanjay Jain has been elected as the chief executive of India Debt Resolution Company (IDRCL).

  • The asset management company (AMC) has decided to resolve bad loans acquired by NARCL.
  • Shah studied an MBA from Harvard and chartered accountant. he founded India’s first and largest housing finance company, HDFC, and ratings firm Crisil.

READ: World Cooperative Monitor report 2021: IFFCO tops

READ: OECD slashes India growth forecast to 9.4% for FY22

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