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ASSET RECONSTRUCTION INDUSTRY
NARCL to expand beyond government guarantee modelIndia's state-backed bad bank, NARCL, is set to broaden its acquisition strategy, moving beyond government-guaranteed deals. This expansion...- Eight years on, from JCPOA to MoU: How Trump's Iran deal stacks up against Obama's nuclear pactPresident Trump has signed a 14-point memorandum with Iran, ending a four-month conflict and opening a 60-day window for a peace deal. This...
- Iran deal includes $300 billion fund, more than half of which already committed, source saysA significant $300 billion private investment fund is part of a U.S.-Iran framework agreement. More than half of this amount is already com...
- Retail loan stress is the new growth driver for ARCsDuring 2025-26, ARCs acquired stressed debt worth more than Rs 2 lakh cr, comprising Rs 1.5 lakh cr of corporate loans and Rs 50,000 cr of ...
- IBC 10-year anniversary scorecard: Over Rs 4 lakh crore realised, big implications for credit markets, economic efficiencyThe Insolvency and Bankruptcy Code has helped creditors recover over Rs 4 lakh crore rupees. The Code has revived many distressed companies...
- IBC: Creditors realised Rs 4 lakh cr; cases involving Rs 14 lakh cr settled in pre-admission stageIndia's Insolvency and Bankruptcy Code (IBC) has facilitated over Rs 4 lakh crore in creditor realisations from resolved cases. Additionall...
- BoB looks to sell Rs 2,700 crore of NPAs; taps ARCs, NBFCsBank of Baroda is selling a ₹2,776 crore portfolio of 41 stressed loans, including nine declared fraud accounts like Ushdev International a...
- These large-caps have ‘strong buy’ & ‘buy’ recos and an upside potential of up to 25%We are living in times when the morning may see conciliatory exchanges between the US and Iran, leading to a cooling in crude oil prices. B...
- Tactical investing: 6 stocks for your watchlist as the Gulf rebuild approaches; 4 with positive upside potential of up to 25%Peace is something that has eluded West Asia a long time. For old Gulf watchers, statements and counter-statements of the kind seen in the ...
- Middle East rebuild opportunity emerges after ceasefire; Indian EPC stocks rallyA ceasefire between the United States and Iran offers hope for Middle East peace and rebuilding. Indian construction and EPC companies are ...
- Utkarsh Small Finance Bank sold Rs 1491 crore of bad loans for just Rs 195 croreUtkarsh Small Finance Bank has offloaded bad loans worth Rs 1491 crore to asset reconstruction firms for Rs 195 crore. This move comes as t...
- NCLAT sets aside NCLT order rejecting insolvency plea against Uniworth TextilesA two-member NCLAT bench comprising justices Rakesh Kumar Jain and Naresh Salecha said the NCLT had erred in rejecting the application file...
- SBI sells loan of Atibir Industries to CFM Asset Reconstruction CompanyThe all-cash sale indicates a recovery of 73 paise on a rupee of the principal amount outstanding for SBI. The bank had informed interested...
- Delhi HC seeks Centre, RBI response on PIL to form panel to probe Yes Bank transfer of stress assets portfolioA bench of Chief Justice Satish Chandra Sharma and Justice Subramonium Prasad, which did not issue formal notice on the plea, asked the aut...
- Lenders seek better offer for Sintex from RIL-ACREIn most cases, lenders negotiate with the highest bidder to maximise recoveries from buyers of the bankrupt companies, said one of the lend...
- CFM Asset Reconstruction Company sole bidder for debt laden JBF IndustriesJBF has been marked as a non performing asset (NPA) for many years now and a bid for the company has come amid a surge in commodity prices ...
- Arcil names Vinayak Bahuguna as CEO and MDThe appointment has been done after receiving all necessary approval from the Reserve Bank, the company said in a release here today.
- ‘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.
- Furnish details on accounting practices, RBI tells asset reconstruction companiesSources from the ARC industry said even as the RBI has asked ARCs to reverse income after six months, a few ARCs continue to accrue income ...
- SIDBI's asset reconstruction arm to get operational in 6 monthsSME financing institution Small Industries Development Bank of India (SIDBI) today said its asset reconstruction arm will get operational w...
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