stressed assets
Finance
RBI cracks down on CDPQ-backed Edelweiss ARC, ECL Finance for rule violations
The Reserve Bank of India on Wednesday imposed restrictions on Edelweiss Asset Reconstruction Company Ltd and group company ECL Finance ......
Finance
Some asset reconstruction firms circumventing rules, says RBI deputy governor
Some Indian asset reconstruction companies (ARCs) have been circumventing regulations and have allowed themselves to be used for the evergreening ......
Finance
RBI chief favours financial creditor-led resolution framework for stressed assets
Amendments to India's bankruptcy law should focus on a financial creditor-led framework for resolution of stressed assets, the governor of ......
Finance
India's 'bad bank' sees loan transfers dwindle on valuation, liability woes
India's so-called 'bad bank' set up to buy legacy stressed loans from the country's lenders has seen such purchases grind ......
Finance
Bain Capital targets $4 bn for new global fund to buy stressed assets
Bain Capital is seeking to raise $4 billion for a new global "special situations fund" as the U.S. firm sees ......
General
Kotak Investment collects 75% of target corpus for second strategic situations fund
Kotak Group's alternative assets unit Kotak Investment Advisors Ltd has announced the first close of its second strategic situations fund, ......
Finance
Oaktree, Hinduja and others bid for Reliance Cap; Advent stays away
US private equity major Oaktree Capital, Hinduja Group and Ahmedabad-based Torrent - a consortium of Piramal and Cosmea Financial - ......
Infrastructure
Värde Partners draws up $1 bn India investment plan
US alternative investment firm Värde Partners plans to invest as much as $1 billion to grow its portfolio in India ......
Finance
Edelweiss' alternative asset arm raises $425 mn in third special situations fund
Financial services firm Edelweiss Financial Services Ltd’s alternative asset arm Edelweiss Alternative Asset Advisors (EAAA) has announced fundraising of around ......
Finance
'Bankrupt companies selling in parts better than sale to single bidder'
A mix of investors buying different parts of a bankrupt company is better than a single investor picking up the ......