Browsing: asset reconstruction companies

YES Bank will transfer Rs 48,000 crore of stressed loans to asset reconstruction company JC Flowers by the end…

The Reserve Bank on Tuesday raised the minimum capital requirement for setting up an asset reconstruction company (ARC) to…

The Reserve Bank of India (RBI) on Tuesday said managing directors (MDs) and chief executive officers (CEOs) of asset reconstruction…

State-owned banks that gave loans to Jaypee Infratech will be able to recover their money next month. However, 24,000…

The bank now prefers global auctions of bad loans over Swiss challenges as they maximise recoveries, he added. The target…

In her Budget 2021-22 speech, Finance Minister Nirmala Sitharaman had announced that the government intends to set up a bad…

Ease of Doing Business for MSMEs: Lack of access to funding and setting up of the National Asset Reconstruction Company…

Swiss Challenge auctions are taking place exactly where the borrowers are working along with the banks or ARCs to settle…

Earlier, Bank of Baroda (BoB), Axis Bank and IDBI Bank have also run processes for NPA sales, according to sources.The…