stressed assets

Finance

29 May, 2024

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

29 May, 2024

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

11 January, 2024

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

14 August, 2023

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

08 May, 2023

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

28 March, 2023

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

29 November, 2022

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 - ......

Premium

Infrastructure

07 November, 2022

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

04 October, 2022

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

27 September, 2022

'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 ......