Given the sizeable opportunity and regulatory developments in the stressed assets space, Krishnan Sitaraman, Senior Director, CRISIL Ratings, discusses the Asset Reconstruction Company landscape and their changing business model. While on one hand the AUM of ARCs has touched a new milestone of crossing Rs 1 lakh crore as on March 2019, the sector is also witnessing a structural shift in the kind of investors group who are subscribing to the security receipts as contrast to the erstwhile scenario when it was largely selling banks and ARCs who were investing.
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