After Hindustan Photo Films’ death, NCLT parcels land

After Hindustan Photo Films’ death, NCLT parcels land

For decades this company kept our memories alive through its photo films. Then the iconic Hindustan ..

ARCs to shift from corporate to retail and MSME loans

ARCs to shift from corporate to retail and MSME loans

The stressed assets opportunity for ARCs is shifting from corporate to retail and MSME loans.About a..

ARCs expected to grow 10% in FY23: Crisil report

ARCs expected to grow 10% in FY23: Crisil report

Assets under management (AUM) of asset reconstruction companies (ARCs) is expected to grow almost 10..

Stage set for consolidation in ARC sector

Stage set for consolidation in ARC sector

India has 28 asset reconstruction companies (ARCs), a lot too many to accommodate as they need to be..

Yes Bank acquires 9.9% stake in JC Flowers ARC

Yes Bank acquires 9.9% stake in JC Flowers ARC

Yes Bank has acquired a 9.9% stake in JC Flowers Asset Reconstruction Company (ARC) at Rs 11.43 per ..

RBI widens role of ARCs, raises minimum capital requirement

RBI widens role of ARCs, raises minimum capital requirement

The Reserve Bank of India (RBI) has raised the minimum capital requirement for asset reconstruction ..

Yes Bank approves sale of Rs 48,000-cr bad loans to JC Flowers ARC

Yes Bank approves sale of Rs 48,000-cr bad loans to JC Flowers ARC

Yes Bank’s board has approved the sale of stressed assets worth Rs 48,000 crore to JC Flowers ARC.Ye..

NARCL CEO to be paid Rs 1.7 crore a year: Report

NARCL CEO to be paid Rs 1.7 crore a year: Report

National Asset Reconstruction Co. Ltd (NARCL) will be paying its CEO a total remuneration of Rs 1.7 ..

SBI ‘okay’ with lowering stake in Yes Bank to 26% by March 2023

SBI ‘okay’ with lowering stake in Yes Bank to 26% by March 2023

State Bank of India is ‘okay’ with lowering stake in Yes Bank to 26% by the end of the current finan..

ARCs eye stressed retail loans amid market changes

ARCs eye stressed retail loans amid market changes

Asset reconstruction companies (ARCs) are racing to acquire non-performing retail loans as they see ..

Yes Bank gets JC Flowers ARC to unload Rs 48,000 cr of bad loans

Yes Bank gets JC Flowers ARC to unload Rs 48,000 cr of bad loans

Yes Bank on Friday said it has signed a term sheet with JCF ARC LLC and JC Flowers Asset Reconstruct..

Ex-SBI executive joins NARCL as MD & CEO

Ex-SBI executive joins NARCL as MD & CEO

Former State Bank of India (SBI) deputy managing director and chief credit officer Natarajan Sundar ..

IDBI Bank sells entire 19% stake in ARCIL

IDBI Bank sells entire 19% stake in ARCIL

IDBI Bank has divested its entire stake of 19.18% in ARCIL to Avenue India Resurgence Pte. Ltd for a..

India’s arduous march from easy to hard money

India’s arduous march from easy to hard money

The Reserve Bank of India (RBI) allowed cheap money to continue for long. It didn’t matter that Indi..

PNB CEO speaks on rising rates, bad loans and NARCL

PNB CEO speaks on rising rates, bad loans and NARCL

Punjab National Bank (PNB) will reprice its lending and deposit rates, lower non-performing loans, e..