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Blackstone's India bad loan arm plans to expand leadership team

People

03 March, 2020

Blackstone's India bad loan arm plans to expand leadership team

Global private equity giant Blackstone plans to grow the leadership team at its asset reconstruction arm in India, a top ......

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Bain-Piramal ARC seals second distressed debt deal

Finance

03 January, 2020

Bain-Piramal ARC seals second distressed debt deal

The asset reconstruction joint venture of Piramal Enterprises Ltd and Bain Capital Credit has bought a portfolio of loans from ......

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Arcil hires Edelweiss exec as chief investment officer

Finance

06 November, 2019

Arcil hires Edelweiss exec as chief investment officer

Asset Reconstruction Company (India) Ltd, or Arcil, has hired a senior executive from Edelweiss Group to oversee stressed-asset purchases. Arcil, which ......

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Why banks are slowing bad-loan sales to asset reconstruction companies

Finance

04 November, 2019

Why banks are slowing bad-loan sales to asset reconstruction companies

Indian banks have slowed the pace of selling bad loans to asset reconstruction companies (ARCs), as they work on other ......

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Omkara Assets Reconstruction gears up for a second round of equity capital

Finance

26 September, 2019

Omkara Assets Reconstruction gears up for a second round of equity capital

One year after its first round of equity capital infusion, Omkara Assets Reconstruction Pvt. Ltd is looking to go for ......

RBI panel favours allowing foreign portfolio investors to directly buy bad loans

Finance

04 September, 2019

RBI panel favours allowing foreign portfolio investors to directly buy bad loans

A task force set up by India’s central bank on Tuesday recommended a slew of measures for developing a secondary ......

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KKR appoints chief for upcoming India ARC

Finance

13 August, 2019

KKR appoints chief for upcoming India ARC

Private equity giant KKR & Co. has hired a chief for its Indian asset reconstruction company that is awaiting regulatory ......

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ARC Scan: Has Arcil been able to capitalise on its first-mover advantage?

Finance

26 June, 2019

ARC Scan: Has Arcil been able to capitalise on its first-mover advantage?

There is more than a hint of schadenfreude in the asset reconstruction business. So even as the problem of bad ......

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Arcil CEO Vinayak Bahuguna on how to speed up stressed asset resolution and more

Finance

14 June, 2019

Arcil CEO Vinayak Bahuguna on how to speed up stressed asset resolution and more

Vinayak Bahuguna took over as the CEO and managing director at Asset Reconstruction Company (India) Ltd, or Arcil, in June ......

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Ambit to sell stake in ARC joint venture with JC Flowers to local, foreign firms

Finance

27 March, 2019

Ambit to sell stake in ARC joint venture with JC Flowers to local, foreign firms

Ambit Pvt. Ltd is set to exit its asset reconstruction joint venture with US-based JC Flowers & Co. by selling ......