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SRS LIMITED
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- 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...
- 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...
- ARC assets set to drop 7-10% this FY amidst stiff competition from NARCL: CRISILCompetition from the National Asset Reconstruction Co Ltd (NARCL) and fewer opportunities for acquiring non-performing assets are expected ...
- Economic Survey calls for improved liquidity to boost NPA price discoveryThe pre-budget Economic Survey highlights the need for a liquid Non-Performing Assets (NPA) market to facilitate bank acquisitions and asse...
- NFRA imposes fine, debars auditors for 3 yrs for professional misconduct, other lapses in audit of SRS LtdAn investigation by SFIO had revealed that the company and its group companies had presented financial statements containing false statemen...
- Will the bad bank be able to fix one of the world's worst toxic loan pile?NARCL-IDRCL will provide a very promising proposition for the entire Indian banking system, which would benefit in two ways. First, by sell...
- ARCs may hunt MSME, retail assets as ground shifts: CrisilARCs have been facing headwinds in the past two fiscals, with assets under management (AUM) – as measured by security receipts (SRs) outsta...
- Strict timeline to be set to resolve bad loans sold to NARCLMoreover, the guarantee will lapse if resolutions are not completed within five years, these people said. SRs are issued by ARCs in cases w...
- Banks have to price bad loans lower for better recovery: India RatingsMUMBAI: Banks will need to assess the value of bad loans in line with asset reconstruction companies' expectations for recoveries of such l...
- Recoveries from stressed assets to determine acquisition of NPAs by ARCsAsset reconstruction companies’ (ARCs) role in acquiring non-performing assets from banks is likely to be guided by the quantum of recoveri...
- SRS Jewells opens 4200 square feet premium outlet in IndirapuramThe SRS Group has announced the opening of its 9th and most premium jewellery retail outlet in the Indirapuram area of Delhi-NCR.
- SRS Ltd’s Q1 income crosses Rs 1000 croreProfit after tax rose to Rs 1655 lakh compared to Rs.424 lakh reported in the quarter ended 30th June 2013.
- How SRS Group became a Rs 4,500-crore businessOur flagship company in entertainment and lifestyle sector, SRS Limited, posted revenues of Rs 2,888 in the last financial year and is list...
- SRS launches 2 retail storesThe company has strengthened its foothold in the Delhi NCR market with stores across Delhi, Gurgaon, Noida and Faridabad.
- SRS fortifies its retail presence, opens 3rd outlet in NoidaThe store is designed to fulfill the entire shopping basket for its customers, making it a one-stop destination for the household requireme...
- Foreign investment ceiling in ARCs raised to 74% from 49%The increase in the ceiling is subject to the condition that no sponsor can hold more than 50% of shareholding in an ARC through the FDI.
- Two Brazilian acquisitions have backfired for Shree Renuka, but Narendra Murkumbi confident of a comebackTwo Brazilian acquisitions have backfired for Shree Renuka, but Murkumbi is confident of a comeback at the company he built by buying sick ...
- RBI will do well to spur sticky-loan tradeA few years ago when the issue of foreign investment in asset reconstruction firms was being discussed, there was some resistance to the pr...
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