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How RBI's new norms for ARCs may affect the bad-loan market

Finance

09 December, 2019

How RBI's new norms for ARCs may affect the bad-loan market

The Reserve Bank of India’s tightening of norms for asset reconstruction companies (ARCs) to buy bad loans may lead to ......

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ARC Scan: How Edelweiss bloomed into India's top buyer of bad loans

Finance

22 April, 2019

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 ......

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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 ......

RBI allows bidders for stressed assets to borrow overseas

Finance

07 February, 2019

RBI allows bidders for stressed assets to borrow overseas

The Reserve Bank of India (RBI) on Thursday allowed access to overseas or external commercial borrowings (ECBs) for the bankruptcy ......

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Edelweiss ARC ups target for snapping up stressed loans

Finance

03 January, 2019

Edelweiss ARC ups target for snapping up stressed loans

The asset reconstruction arm of the Edelweiss Group has increased its target for investments in stressed assets for the current ......

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Flashback 2018: Stressed assets pain eases as bad loan clean-up gains momentum

Finance

26 December, 2018

Flashback 2018: Stressed assets pain eases as bad loan clean-up gains momentum

Two years ago, in December 2016, the Insolvency and Bankruptcy Code (IBC) came into effect. While the new bankruptcy law ......

Edelweiss ARC names Sumanth Cidambi CEO of turnaround unit

General

01 June, 2016

Edelweiss ARC names Sumanth Cidambi CEO of turnaround unit

Edelweiss Asset Reconstruction Company Ltd has appointed Sumanth Cidambi as the chief executive officer of a new business that will ......

Edelweiss Distressed Fund To Raise Upto $400 Million

General

20 August, 2008

Edelweiss Distressed Fund To Raise Upto $400 Million

Edelweiss Alternate Asset Advisors (EAAA), the distressed assets arm of investment bank Edelweiss Capital, is looking to raise $200-million, which ......

Edelweiss Capital To Launch ARC Business; Hires Siby Antony From IDBI

General

19 August, 2008

Edelweiss Capital To Launch ARC Business; Hires Siby Antony From IDBI

Leading investment bank Edelweiss Capital is venturing into asset reconstruction business, for which it’s on the lookout for foreign partners. ......

Edelweiss Capital To Launch ARC Business; Hires Siby Antony From IDBI

General

19 August, 2008

Edelweiss Capital To Launch ARC Business; Hires Siby Antony From IDBI

Leading investment bank Edelweiss Capital is venturing into asset reconstruction business, for which it’s on the lookout for foreign partners. ......