Arcil halts bad-loan purchases, focuses on recovery amid coronavirus lockdown
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Arcil halts bad-loan purchases, focuses on recovery amid coronavirus lockdown

By Beena Parmar

  • 08 Apr 2020
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Arcil halts bad-loan purchases, focuses on recovery amid coronavirus lockdown
Credit: 123RF.com

Asset Reconstruction Company (India) Ltd, or Arcil, has decided not to acquire any soured debt during the current quarter and rather focus on the recovery of existing bad loans on its books, a top executive said. India’s oldest asset reconstruction company is reviewing its business plan in the wake of the ......

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