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Finance
17 March, 2021
Covid dents Edelweiss ARC's debt purchase by at least 40%
Financial services major Edelweiss group’s asset reconstruction company is expected to see a dip in debt purchase and recoveries this ......
Finance
18 February, 2021
Big bad bank won't crowd out little guys: Experts
The bad bank or the government asset reconstruction company proposed earlier this month won’t crowd out private-sector ARCs in India, ......
Finance
09 February, 2021
We have seen normalcy return since December: Aswini Sahoo, Arcil
After a pause on bad loan purchases and recoveries during the pandemic, India’s oldest asset reconstruction company Arcil hopes to ......
Finance
06 August, 2020
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
06 August, 2020
Bad bank will negatively affect private-sector players: Panellists at VCCircle event
A proposed state-owned “bad bank” may offer immediate help but could harm private-sector players in the medium to long term, ......