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EDELWEISS ASSET RECONSTRUCTION
RBI lifts restrictions on two Edelweiss Group cosThe Reserve Bank of India (RBI) lifted business restrictions on Edelweiss Group's NBFCs, ECL Finance and Edelweiss ARC. The RBI had imposed...17 Dec, 2024, 08.52 PM IST- RBI lifts business restrictions on two Edelweiss Group entitiesThe Reserve Bank of India (RBI) lifted business restrictions on ECL Finance Ltd and Edelweiss Asset Reconstruction Company Limited. The RBI...17 Dec, 2024, 07.43 PM IST
- Reliance Infra pares debt to Rs 475 crore after settlement with ARCs, LICReliance Infrastructure Ltd, controlled by Anil Ambani, has significantly reduced its debt from Rs 3831 crore to Rs 475 crore after settlin...18 Sep, 2024, 04.51 PM IST
- CFM acquires GMR Rajahmundry Energy debt from Edelweiss ARCCFM acquired GMR Rajahmundry Energy's debt from Edelweiss ARC on June 30. Edelweiss bought ₹458 crore debt from IDFC Bank in 2018. Unmet re...20 Jul, 2024, 12.19 AM IST
- Farallon invests Rs 629 crore in Edelweiss ARC bondsEdelweiss ARC to use the proceeds in acquiring distressed retail loan portfolios, corporates and real estate loans.26 Oct, 2023, 09.33 AM IST
- Edelweiss denies wrongdoing in Nitin Desai suicide case, says recovery efforts creditors' rightEdelweiss denied allegations of wrongdoing in the case involving the suicide of Nitin Desai, an art director. The company stated that ECL F...06 Aug, 2023, 10.59 PM IST
- Will cooperate with authorities probing Desai death: Edelweiss ARCEdelweiss Asset Reconstruction Company (EARC) has pledged full cooperation with investigations into the death of Nitin Desai, following the...04 Aug, 2023, 09.50 PM IST
- L&T Finance gets 10 expressions of interest for distressed developer loansL&T Finance has received 10 expressions of interest (EoI) for 10 distressed developer loan accounts, with a combined outstanding of INR 3,0...10 Jun, 2023, 12.44 AM IST
- IT conducts searches on premises linked to Edelweiss groupA source told ET that the searches were in connection with the IT’s larger action on asset reconstruction companies. (ARCs). Both the Mumba...02 Mar, 2023, 10.49 PM IST
- Edelweiss ARC to acquire education loan portfolio of Indian Overseas Bank at 60% discountBanks are encouraged to provide education loans as it is classified as priority sector loans that they are mandated to provide each year. E...09 Jan, 2022, 08.06 PM IST
- Edelweiss plans $1.6 billion bad loan playThe fund raising comes as fresh slippages in the Indian banking sector were at a quarterly high of Rs 2.28 lakh crore at the end of March, ...14 Jun, 2018, 07.29 PM IST
- Edelweiss announces pact with CDPQ for Rs 5,000 crore investment"The agreement...will provide Edelweiss Group with capital to invest in stressed assets and private debt opportunities in India."03 Oct, 2016, 02.42 PM IST
- Bharati Shipyard loans: Edelweiss calls for debt aggregationCiting troubles it is facing with the Bharati Shipyard loans, Edelweiss Asset Reconstruction Company today said there is a need for debt ag...15 Sep, 2015, 05.02 PM IST
- Edelweiss ARC takes control at Bharati ShipyardEdelweiss Asset Reconstruction Company has acquired management control of Bharati Shipyard that has fallen in bad times.02 Sep, 2015, 04.00 AM IST
- Edelweiss Asset Reconstruction Company looks to infuse liquidity into ailing Bharati ShipyardEdelweiss Asset Reconstruction Company is looking to raise up to $100 million (Rs 634 crore) for Bharati Shipyard from foreign investors by...24 Dec, 2014, 11.14 AM IST
- ‘Scavenger’ funds such as Edelweiss & IARC plan war chest of Rs 500 crore & Rs 300 croreEdelweiss and IARC are planning to raise Rs 500 crore and Rs 300 crore, respectively, to capitalise their asset reconstruction funds.02 Jun, 2012, 07.17 AM IST
- Edelweiss gets nod to set up ARCThe Edelweiss group has received approval from RBI to set up an asset reconstruction company (ARC).17 Oct, 2009, 12.27 AM IST
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