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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 ......

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ARCs, stressed asset investors look for deals as banks auction $3.6 bn of bad loans

Finance

19 March, 2019

ARCs, stressed asset investors look for deals as banks auction $3.6 bn of bad loans

Asset reconstruction companies (ARCs) and other investors may pursue distressed assets more actively in coming weeks as banks auction more ......

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Four years and counting: For KKR, India's stressed assets remain a bridge too far

Finance

13 December, 2018

Four years and counting: For KKR, India's stressed assets remain a bridge too far

In an interaction with journalists on Wednesday, Henry Kravis highlighted the investment opportunity arising from stressed assets in India. In ......

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KKR to reapply for ARC licence in India after global rejig

Finance

04 September, 2018

KKR to reapply for ARC licence in India after global rejig

Global alternative asset manager KKR & Co will have to reapply for a licence to operate an asset reconstruction company ......

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Project Sashakt panel engages with PE funds for AIF as investors seek clarity

Finance

30 August, 2018

Project Sashakt panel engages with PE funds for AIF as investors seek clarity

A committee of bankers tasked with implementing Project Sashakt to ease the pile of bad loans on banks’ balance sheets ......

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Have $1 bn more to deploy in stressed assets: Edelweiss ARC CEO RK Bansal

Finance

01 August, 2018

Have $1 bn more to deploy in stressed assets: Edelweiss ARC CEO RK Bansal

The growing pile of bad loans has dragged many banks into the red but Edelweiss Asset Reconstruction Co. Ltd has ......