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ARCIL OFFER FOR SALE
Bandhan Bank sells Rs 3,212 crore microfinance bad loans to ARCILBandhan Bank has sold a ₹3,212 crore microfinance non-performing loan portfolio to ARCIL for ₹578 crore. This sale followed a Swiss Challen...
Six ARCs show interest in DLI Logistics' ₹923-cr debtAsset reconstruction companies are showing interest in DLI Logistics Ltd. A promoter proposed a settlement of ₹590 crore against outstandin...
Arcil IPO: Avenue, SBI to reduce stake, GIC affiliate to exitArcil Ltd, India's first bad loan aggregator, is set for an IPO with existing shareholders like Avenue Capital, SBI, GIC's Lathe Investment...
ARCIL files for IPO, eyes public listing as India’s oldest asset reconstruction firmARCIL, India’s first asset reconstruction company, has filed for an IPO via an offer for sale of 10.54 crore shares. Backed by SBI and Aven...
ARCs vie for ACCIL Corp's Jaipur Hotel debtLast month, Omkara ARC beat competitor Asset Reconstruction Company of India (Arcil) with a ₹38 crore cash offer to Chennai-based Indian Ba...
ARCIL buys ₹1,100-crore loans from RBL, Bandhan BankRBL Bank sold small business loans worth ₹360 crore for ₹20 crore in an all-cash deal at an auction to the ARC, equating to less than 1% re...
Bandhan bank to sell Rs 775 cr home loans to ArcilBandhan Bank is selling its affordable home loan portfolio to Avenue Capital-backed Asset Reconstruction Company India (Arcil) for ₹280 cro...
IFCI gets binding bid from ACRE for Barwa Adda debtCurrently, there are three contenders vying to acquire this debt, including Prudent ARC and Asset Reconstruction Company India (ARCIL) othe...
Four bidders give EoIs for Vidarbha power debtVidarbha Industries is a subsidiary of Anil Ambani's Reliance Power. Varde Partners, bidding alongside Aditya Birla ARC, had also offered t...
Arcil offers Rs 700 cr for L&T Fin's Xrbia bookArcil offered ₹700 crore in a combination of cash and security receipts for a portfolio of ₹880 crore, the people said. The ARC's offer wou...
ACRE raises binding offer for debt of Visa SteelACRE, an ARC, has given a revised offer of ₹243 crore as against its previous offer of ₹230 crore, the people said. ACRE was the sole bidde...
Welspun set to acquire 70% debt of Sintex BAPLAvenue Capital-backed Asset Reconstruction Company of India (Arcil) in partnership with Welspun, has been acquiring Sintex BAPL loans from ...
ARCIL-Avenue to buy Reliance Home finance assetsThe RHFL sale is part of the resolution process of Reliance Capital, Anil Ambani’s former crown jewel that is being sold by Vistra ICTL Deb...
Arcil set to take over Abhijeet Group's Jharkhand power unitThe oldest asset reconstruction company, Arcil, today said it is in final stages of taking possession of a large power plant with the Abhij...
ICICI Bank sells Rs 250 crore Lavasa NCDs to ArcilThe private sector lender had bought these NCDs at a coupon of 9 per cent per annum that is secured with the company’s 747 acres.
Arcil says its bad asset purchase halved in FY15 to Rs 2000 croreThe oldest asset reconstruction company Arcil said its purchase of bad loans nearly halved in the past fiscal year to Rs 2,000 crore as ban...
Arcil slashes bad loan purchase target by 30 per cent to Rs 3,500 croreFor the industry as a whole, asset sales by banks have been at Rs 16,000 cr during the first half, as against the Rs 21,800 crore in the en...
Asset Reconstruction Company of India Limited puts Jhagdia Copper Ltd on the blockIt is estimated that at current market prices, JCL may cost over Rs 1,000 crore with an implementation period lasting two years, according ...
- SK Birla Group acquires 3.6% more in Digjam
The SK Birla Group has acquired a 3.6% additional stake in Digjam from Asset Reconstruction Co (Arcil) taking its holding to 30.4%.
- Dena Bank to sell bad loans to Arcil
Dena Bank is on course to offload a huge chunk of its bad loans - aggregating Rs 500 crore - to Asset Reconstruction Company of India (Arci...