NARCL finding its feet, banks should give it a chance: Tewari

NARCL finding its feet, banks should give it a chance: Tewari | Economic Times

NARCL finding its feet, banks should give it a chance: Tewari https://ift.tt/YF4KhUv is a new organisation. The CEOs of both NARCL and IDRCL took over as recently as June and July. They were still hiring people as recently as last month. The initial list was of legacy cases where banks had not succeeded. So there will be a difference between the value banks expect and what NARCL offers because they have a responsibility to shareholders and the government.

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What happens if husband dies without a will | Economic Times

Given the uncertainty of life in the face of Covid-19, it is advisable to write a will if you have assets and want to pass them on to your family members smoothly. However, the urgency and importance of a will and nomination are not fully realised because no one believes it will happen to them.Especially vulnerable are dependants like children and homemaker spouses, who have stayed away from the entire process of financial transactions and wealth management. Women are typically unaware of their legal rights regarding property, let alone know how to access it. What should they do if their husbands die suddenly without a will? How is his property distributed and does it differ for women of different religions?1. Assets distributed as per law based on religionIf the husband dies intestate, i.e., without a will, the assets are distributed as per the law based on his religion. For Hindus, Jains, Buddhists and Sikhs, the distribution is governed by the Hindu Succession Act, 1956, and the Hin...

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