Bank of Maharashtra to divest entire 4% stake in ISARCBank of Maharashtra will divest its entire stake of 4 per cent in India SME Asset Reconstruction Company for nearly Rs 4 crore. Bank of Mah...
07 Apr, 2022, 04.47 PM IST
Union Bank of India to sell its 8 pc stake in ISARC to Dhansamridhi FinanceISARC is the country's first ARC supported by a large number of public sector banks and undertakings, focussed on NPA resolution of the MSM...
06 Apr, 2022, 08.44 PM IST
PSBs told to cut stakes in asset reconstruction companiesState-run banks have been nudged to trim their stakes in asset reconstruction companies (ARCs) because of the inherent conflict of interest...
24 Jun, 2016, 06.03 AM IST
- ISARC partners with Vijaya Bank for resolution of NPA
India SME Asset Reconstruction Company Ltd (ISARC), an SIDBI subsidiary, today said it has entered into an agreement with Vijaya Bank.
29 Aug, 2012, 08.26 PM IST
- Finance ministry drafts incentive scheme for asset reconstruction companies to reduce junk assets
Government has thrown new rules at state-owned banks, nudging them to salvage their junk loans, which have strained balance sheets and re-p...
07 Jun, 2012, 04.18 AM IST
- Govt likely to allow 100% FDI in ARCs
The government may allow higher foreign investment in asset reconstruction companies that buy distressed loans of banks and make money by r...
18 Aug, 2010, 03.56 AM IST
- SIDBI's asset reconstruction arm to get operational in 6 months
SME financing institution Small Industries Development Bank of India (SIDBI) today said its asset reconstruction arm will get operational w...
04 May, 2008, 10.49 AM IST