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ARCIL NEW CEO
Arcil FY19 recovery at 10-yr highAbout 62 per cent of these recoveries went back to banks from where these assets were bought in exchange of security receipts.22 Nov, 2019, 10.21 AM IST- Arcil FY19 recovery at 10-year highBad loan aggregator managed to sell more than 1500 properties across the country last fiscal.22 Nov, 2019, 09.16 AM IST
- ARCIL revives ailing Malwa Industries with working capital fundingMalwa Industries is one the few integrated denim manufacturers in the country with all activities from spinning to garmenting under one roo...07 Apr, 2019, 12.59 PM IST
- NY-based Avenue Capital picks up 27% stake in ArcilThe new bankruptcy framework has helped quicken the resolution process and increased opportunities in the distressed space.13 Nov, 2018, 08.20 AM IST
- With RBI issuing licence to Ambit-JC Flowers JV, expect things to get better on bad loan frontThe non-performing loans, or accounts where borrowers have missed their repayments on due date, touched a 12-year high of 7.6% of loan book...06 Dec, 2016, 12.09 PM IST
- Arcil profit multiplies as it focuses on recoveryArcil said its net profit has increased eight times to Rs 67 crore in the year ended March 2015 from Rs 8 crore in March 2014.13 Oct, 2015, 06.10 PM IST
- Arcil names Vinayak Bahuguna as CEO and MDThe appointment has been done after receiving all necessary approval from the Reserve Bank, the company said in a release here today.15 Jun, 2015, 03.45 PM IST
- Vinayak Bahuguna appointed Arcil's Managing Director and CEOThe country's largest asset reconstruction company Arcil has appointed Vinayak Bahuguna as its managing director and chief executive office...02 Jun, 2015, 10.10 AM IST
- Finance Ministry looks at new ARC to tranfer all public sector banks toxic assetsThe finance ministry is examining the idea of setting up an ARC where toxic assets of all state-run banks can be transferred for quick disp...04 Jun, 2014, 05.20 AM IST
- Asset Reconstruction Companies still in a state of drift due to fear among banks and policy paralysisBusiness for ARCs picks up when bad loans mount with banks. Not in India, where they remain hobbled by fear among banks and policy paralysi...13 Mar, 2012, 05.58 AM IST
- ICICI Bank to seek probe into "sabotage" acts by rivalsStung by reports that it sold dud home loans, ICICI Bank has decided to approach the government agencies and market regulator SEBI for a th...13 Sep, 2009, 03.41 PM IST
- It's good time to buy, but where's the money?Bad assets are on the rise. But it won’t be easy for ARCs to raise money to buy them, Arcil MD & CEO S Khasnobis tells ET.20 Oct, 2008, 01.11 AM IST
- Reliance Capital can trade in bad loansAnil Ambani’s Reliance Capital, one of the country’s biggest finance companies, has been allowed to trade in bad loans.20 Feb, 2008, 03.21 AM IST
- Arcil offers staff 'carry bonus' to retain talentIn a move to attract and retain talent, Asset Reconstruction Company of India (Arcil) has proposed a unique structure, which is close to Es...10 Nov, 2006, 02.32 AM IST
- IndusInd plans to buy stake in asset reconstruction coMumbai-Based IndusInd Bank is eyeing the possibility of picking up stake in one of the two asset reconstruction companies (ARCs). Bhaskar G...21 Aug, 2006, 12.55 AM IST
- IndusInd plans to buy stake in asset reconstruction coMumbai-Based IndusInd Bank is eyeing the possibility of picking up stake in one of the two asset reconstruction companies (ARCs). Bhaskar G...21 Aug, 2006, 12.55 AM IST
- Reborn ARC to have Bajpai, MN Singh, Godbole on boardMN Singh, Mumbai’s ex-commissioner of police, along with an eclectic combination of professionals is refloating an asset reconstruction com...26 Jul, 2006, 02.43 AM IST
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