Asset Reconstruction Company
US-based Avenue Capital to acquire 27% stake in Arcil
Six investors of Asset Reconstruction Company of India (Arcil) have agreed to sell their stakes to Avenue Capital, says Arcil CEO Vinayak Bahuguna
3 min read13 Nov 2018RBI not on high-level panel to resolve stress in power sector
RBI is not willing to relax norms to deal with bad loans and its representatives have not attended first and second meeting of the panel held on 31 August and 14 September
2 min read16 Sep 2018REC to seek central bank's nod for Pariwartan ARC
Move part of govt plan to start an asset reconstruction firm for stressed power assets
2 min read5 Sep 2018Mint Primer: What is Project Sashakt and how it will work
Project Sashakt was proposed by a panel led by PNB chairman Sunil Mehta to address the bad loans problem in India's banking sector
2 min read9 Jul 2018Govt weighs new company for faster resolution of bank NPAs
A panel headed by PNB CEO Sunil Mehta will come out with recommendations over setting up of an asset reconstruction company and/or asset management company for faster resolution of bank bad loans, says interim FM Piyush Goyal
2 min read8 Jun 2018Aditya Birla Capital to name management team for ARC wing
Aditya Birla Capital to announce management team for ARC in next few weeks
1 min read8 May 2018Aditya Birla Capital to launch ARC business this quarter
Aditya Birla Group's ARC arm keen to tap into bad loan opportunity in India, open to partnering with foreign stressed assets investors, says Aditya Birla Capital CEO Srinivasan
2 min read12 Feb 2018Blackstone Group to buy IARC, enter India's distressed assets space
Blackstone Group will initially invest about $150 million for a large minority stake in International Asset Reconstruction Co. (IARC), which can be subsequently raised to a majority one in a couple of years
3 min read11 Sep 2017Sebi board may take up listing of ARC securities at next meeting
Sebi in its next board meet on 18 September would take up listing of receipts issued by ARC, a senior official said
1 min read19 Aug 2017Blackstone Group plans to set up an ARC in India
If Blackstone Group indeed sets up an ARC, it will be the latest among foreign private equity investors who have spotted the opportunity in stressed assets
2 min read24 Jul 2017Wait for itтАж
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