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Covid dents Edelweiss ARC's debt purchase by at least 40%

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 ......

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Big bad bank won't crowd out little guys: Experts

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, ......

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We have seen normalcy return since December: Aswini Sahoo, Arcil

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 ......

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Level the playing field for ARCs if bad bank pops up: Panellists at VCCircle event

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 ......

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Bad bank will negatively affect private-sector players: Panellists at VCCircle event

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, ......