JC Flowers Asset Reconstruction Company received bids for two bad loan blocks totaling ₹3,900 crore. CFM ARC bid ₹78 crore for Carnival Cin...

Distressed debt aggregator Acre Asset Reconstruction Company (ARC) plans to sell Nagarjuna Fertilizers and Chemicals, seeking ₹1,600 crore ...

The corporate portfolio includes eight accounts that turned non-performing after 2019. These include Prometheon Enterprises with a debt of ...

Over 20 asset reconstruction companies and non-banking finance companies have expressed their interest in acquiring Saraswat Bank's non-per...

Piramal plans to conduct a Swiss Challenge on the initial offer and will make an announcement soon. Previously, HDFC had sold a real estate...

Currently, there are three contenders vying to acquire this debt, including Prudent ARC and Asset Reconstruction Company India (ARCIL) othe...

The combined outstanding loan amount of this pool was approximately ₹1,300 crore, translating into an immediate recovery of around 23%. ACR...

Acre had earlier raised its all-cash offer to ₹243 crore from ₹230 crore offered in February. It is expected to be the front runner to be d...

Acre transferred ₹811 crore to lead lender IDBI Bank a couple of days after Punjab National Bank, the final lender in the seven-bank consor...

"There was no other bidder so one can now say Ares has won the bid. Banks are still working on internal processes to take approvals to give...

Lenders led by IDBI Bank had invited expressions of interest from asset reconstruction companies to take over the debt of NFC after attempt...

The portfolio includes loans to Gurugram-based real estate developer Vatika Group (₹730 crore) and distressed Nirmal Lifestyle Kalyan (₹430...

The portfolios include ₹1,100 crore from Indiabulls Home Finance, consisting of home loans and loans to builders, and ₹1,200 crore of comme...

Details available on the BSE show that as much as 97% of the 30% promoter shareholding in the company is pledged to lenders. Moreover, prom...

The deal is yet another attempt by the Sameer Gehlaut-led Indiabulls Group to shed capital-intensive assets as it moves to a new business m...

The two banks had together put up Rs 2,430 crore in loans for sale. Bhushan Steel is facing bankrupcy proceedings and in the process of fin...

The Rs 41-crore deal is the first through the FDI route, and is expected to encourage other specialist stress funds to tie up with ARCs her...