Smaller ARCs chase bulk deals to step up bad-loan purchases

By Beena Parmar

  • 03 Oct 2019
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Credit: 123RF.com

Smaller asset reconstruction companies (ARCs) are stepping up their bad-loan purchases as they consider buying in bulk a pool of small stressed assets from banks looking to clean up their books. Omkara Assets Reconstruction Company and UV ARC Ltd are among the ARCs looking at smaller non-performing assets (NPAs) from those ......

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