Business Today: Latest Business News, India economy News, Stock Markets, Sensex, Mutual Funds and Indian Tax
Loading...
Search

Total 100 results found. Search for [ asset reconstruction companies (ARCs) ]

Results 1 to 21 of 100
Hari Hara Mishra
New Delhi, January 16, 2020
A standing committee on the ARC sector should be formed which should meet quarterly to take stock of the developments and ways to improve the functional effectiveness of ARCs


Nevin John
New Delhi, January 15, 2020
Ritesh Aggarwal, Chief Financial Officer of UVARC says the company has over Rs 1,000 crore worth of assets under management, and that the CoC of Aircel has approved UVARC's takeover plan


Reuters
New Delhi, September 4, 2019
RBI's task force also recommended easing rules around the securitisation of loan assets and permitting wider participation from funds and insurance companies in trading these securities, says the central bank


BusinessToday.In
New Delhi, September 3, 2019
As per the report, the banks' gross NPAs are expected to decline by 350 basis points (bps) to around 8% by March 2020, compared with the peak of 11.5% in March 2018 and 9.3% in March 2019


Hari Hara Mishra
August 16, 2019
In these years, ARCs have been able to play a limited role in containing NPAs by acquiring and resolving NPAs, major constraints being limited capital, inability to raise debt resources and price expectation mismatch with seller banks amongst others.


PTI
July 26, 2019



BusinessToday.In
New Delhi, June 16, 2019
As per the auction notice, PNB is looking to sell the accounts to banks, asset reconstruction companies (ARCs), non-banking financial companies (NBFCs) and financial institutions


PTI
May 16, 2019



PTI
New Delhi, April 8, 2019
The e-auction for the NPA accounts -- Kamachi Industries and SNS Starch --is scheduled for April 25, 2019, SBI said in an expression of interest (EoI) invite.


PTI
April 8, 2019



BusinessToday.In
April 8, 2019
Share Market updates: While Sensex closed 161 points lower at 38,700, Nifty fell 61 points to 11,604.


Hari Hara Mishra
April 3, 2019
A reduction in the Repo rate from current 6.25% to at least 6% will incentivise credit growth and improve private sector investment


BusinessToday.In
March 20, 2019
The bank is looking to sell all of them on a 100% cash basis, but the actual realisation will, of course, depend on the reserve price and bids from the buyers


BusinessToday.In
New Delhi, February 11, 2019
Anil Ambani's Reliance Group loses Rs 13,000 crore in 4 days; blames L&T Finance, Edelweiss Group for stock fall Anil Ambani-led Reliance Group companies on Friday said that illegal, motivated and unwarranted actions by L&T Finance and Edelweiss group is responsible for nearly 55 per cent drop in market capitalisation in just 4 trading days. On February 1, Reliance Communications had filed for bankruptcy to resolve its debt position. As of March 2017, the company owed banks USD 7...


PTI
February 10, 2019
E-bidding for SBI accounts will take place on February 27 and for OBC on February 25.


PTI
New Delhi, January 28, 2019
Bank of India, under the prompt corrective action (PCA) framework of the Reserve Bank since 2017, had reported a net loss of Rs 2,341 crore in the year-ago period.


PTI
January 22, 2019



PTI
January 17, 2019
SBI said the resolution plan for the recovery of non-performing asset (NPA) has been approved and filed in NCLT Ahmedabad, according to which the minimum recovery to the bank is Rs 11,313.42 crore.


Dipak Mondal
New Delhi, January 15, 2019
Of the total loan of Rs 1060 crore, SRS Ltd owes Rs 628 crore to State Bank of India, Rs 224 crore to Bank of India and Rs 125 crore to Union Bank of India.


PTI
December 30, 2018
The various channels through which lenders recovered their bad loans include the Insolvency and Bankruptcy Code (IBC), SARFAESI Act, debt recovery tribunals (DRTs) and Lok Adalats.


PAGES 1 OF 5  12345