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

By Beena Parmar

  • 08 Apr 2020
Premium
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 ......

This is a Premium article. Please subscribe or log in to read the full story!

Here's a selection of our recent premium content.

Already a member? Click here to log in.