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.
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