This is the second loan that the company is looking to sell in less than 10 days. It had also sold a total loan outstanding pool of ₹3,656 ...

Piramal Capital had initiated a Swiss Challenge against the ARC's anchor bid, inviting other interested bidders to submit expressions of in...

Piramal has asked interested bidders to submit expressions of interest where the offer amount is a mark-up of at least 10% to the base offe...

The listed Asian Hotels (West), which operates Hotel Hyatt Regency near Mumbai airport, was admitted for corporate insolvency proceeding la...

NARCL has appointed Alvarez and Marsal to advise it on submitting the plan for Srei. EY is advising the Srei administrator on the resolutio...

‘NBFCs out of the woods after RBI flooded market with liquidity.’

RCFL, which according to its website has been re-branded as Reliance Money, is a non-banking finance company (NBFC) with assets under manag...

Reid & Taylor, owned by Kasliwals is facing bankruptcy proceedings after it defaulted on loans.

The idea is to put in place a large ARC, which will step in to offer a better value to lenders, who are caught with an asset where it is to...

The apex court asked the managing director of JM Financial ARC to be present at the next hearing scheduled on March 12.

Net profit after tax, minority interest and share of associates stood at Rs 114.65 crore.

Indian banks are saddled with over Rs 10 lakh crore worth of dud loans which are eating into their earnings and limiting their ability to l...

The company's credit business arm for the second quarter in a row had almost no bad assets in its book.

We are also working on a framework to enhance efficiency and transparency of price discovery in sale of stressed assets by banks to ARCs,” ...

The measures announced by the FM is aimed at enabling banks to clean their balance sheet which is saddled with rising bad loans.

Asset reconstruction companies got a big boost from finance minister Arun Jaitley as he raised the sponsor holding to 100% from 49%.