asset reconstruction companies
Finance
RBI committee suggests ARCs be allowed as resolution applicants with AIFs
Asset Reconstruction Companies (ARCs) will now be allowed to participate as resolution applicants in the bankruptcy and insolvency process, a ......
Finance
Central bank sets up committee to review ARCs' role
The central bank has set up a six-member committee to review the working and business models of asset reconstruction companies ......
People
Phoenix ARC expects activity to pick up in Jan-March: Chief exec
Phoenix ARC Private Limited, sponsored by Kotak Mahindra Group, witnessed a spike in profit for April-September on a year-on-year basis. The ......
Finance
Level the playing field for ARCs if bad bank pops up: Panellists at VCCircle event
As lenders urge the government for a bad bank anticipating a further surge in soured debt due to coronavirus, asset ......
Finance
Fair-practice norms may prompt ARCs to cherry-pick deals, improve transparency
While the Indian stressed asset market is often seen as dismal, the global slowbalisation has tightened the screws on the ......
Finance
Bank of India to sell stressed assets worth $4.3 bn to ARCs
Indian government-owned Bank of India plans to put stressed assets worth Rs 30,000 crore (around $4,280 million at current exchange ......
Finance
ARC Scan: How Edelweiss bloomed into India's top buyer of bad loans
Siby Antony, a four-decade veteran in the financial services industry, personally visits the main projects or factories of a company ......
Finance
Multiples PE scraps stressed assets investment programme
Renuka Ramnath-led private equity firm Multiples Alternate Asset Management has shut down its stressed assets investment division two years after ......
Finance
Pridhvi Asset Reconstruction in talks to raise funds
Pridhvi Asset Reconstruction and Securitization Company Ltd is considering a partnership with a strategic investor to expand its stressed assets ......
General
SEBI to frame norms for listing security receipts issued by ARCs
Capital markets regulator Securities and Exchange Board of India (SEBI) has initiated a discussion on rules regarding listing and trading ......
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