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About 822 results for "reconstruction of financial assets"

Government Shoots Down Power ARC Proposal
New Indian Express

Government Shoots Down Power ARC Proposal

NEW DELHI: The Finance Ministry has turned out the Power Ministry's proposal to set up a new asset reconstruction company (ARC) for dealing with bad debts in the power sector. Creating a new super asset reconstruction company is not a good way of ... New Indian Express, 2 days ago
The Baltic Course

Bank of Lithuania to manage part of its financial assets in cooperation with World Bank

The Bank of Lithuania has signed an Advisory and Investment Management Agreement with the International Bank for Reconstruction and Development (referred to as the World Bank) regarding the advisory and investment management services for the ...
 The Baltic Course2 weeks ago IFC lends $25 million to Azerbaijani bank  Azer News1 week ago State Bank of Travancore says only 8,430 accounts given to Reliance  Deccan Chronicle3 weeks ago EBRD EUROPEAN BANK FOR RECONSTRUCTION AND DEVELO : invests in Cyfrowy Polsat PLN bonds  4 Traders1 month ago

Canara Bank seeks to recover Rs 500cr via e-auctions

The bank has identified 2500 properties to be auctioned under the Securitisation and Reconstruction of Financial Assets and Enforcement of Security Interest Act (SARFAESI).
 Money Control3 weeks ago Indian Bank to e-auction pledge properties Aug:MD  NetIndia123.com1 month ago Indian Bank to e-auction seized properties next month  Can India News1 month ago

Arcil to go slow in buying bank NPAs

Arcil ceded its No. 1 position among aggregators of bad loans to Edelweiss Asset Reconstruction Co. Ltd in the last financial year. Bad loan aggregator Asset Reconstruction Co. (India) Ltd , or Arcil, will go slow in purchasing non-performing ...
 Livemint.com1 month ago Arcil seeks low-hanging fruits in retail, SME loans  The Financial Chronicle1 month ago
Business Insider India

Mangal Prabhat Lodha to divide empire into two businesses

The new financial services venture will be engaged in housing finance, asset reconstruction and wholesale lending.
 India Infoline1 month ago Lodha Group follows common Indian succession plan by splitting business  Campden FB1 month ago This billionaire real estate magnate is dividing his group in two clear businesses. Know why  Business Insider India1 month ago Mangal Prabhat Lodha's elder son to helm realty business in succession plan  Economic Times1 month ago
Rising Kashmir

SRFAESI Act cannot be enforced in JK: HC

In a significant development, the state high court Thursday said the Securitisation and Reconstruction of Financial Assets and Enforcement of Security Interest (SRFAESI) Act, 2002 cannot be enforced in Jammu and Kashmir keeping in view the special status of ...
 Rising Kashmir1 month ago
DNA India

RBI seeks ARC, PE firms views on reviving NPAs

RBI governor Raghuram Rajan on Wednesday sought suggestions from asset reconstruction companies (ARCs) and private equity (PE) firms on reviving stressed assets. Those who attended the meeting said Rajan suggested banks the need to find ways to ...
 Financial Express1 month ago RBI working with government to bring down inflation, says Raghuram Rajan  DNA India4 days ago Raghuram Rajan meets banks, ARCs and PE firms to accelerate bad loan sales  Livemint.com1 month ago Raghuram Rajan to meet ARCs, PE firms, banks to discuss stressed assets  Livemint.com1 month ago

Bank of Maharashtra to sell Rs.500 crore NPAs

Bank of Maharashtra on Wednesday said it is planning to sell nearly Rs.500 crore of its bad loans to asset reconstruction companies (ARC) by the end of September this year. "By September, we have planned to sell Rs.500 crore of our non-performing ...
 The Statesman1 week ago PNB may take over firms to recover debt  Smart Investor1 month ago PNB identifies 400 wilful defaulters, to sell Rs3k-cr NPAs  New Delhi Pioneer1 month ago Mawana Sugars loss widens to Rs 30 crore in June quarter  Moneycontrol.com2 weeks ago

Bad loan worries: ARCs seek more leeway to raise funds

Asset Reconstruction Companies (ARCs), having to rustle up more money to acquire bad loans from banks, have knocked at the doors of the banking regulator to seek some leeway in raising resources, especially from foreign investors. Top Reserve Bank ...
 Hindu Business Line1 month ago Arcil chief says regulations must be loosened up to raise capital  Hindu Business Line1 month ago
Calcutta Telegraph

Electrosteel to be reported to BIFR

Calcutta, Aug. 9: Electrosteel Steels is going to be reported to the Board for Industrial and Financial Reconstruction (BIFR) after continuous losses have eroded half of its peak net worth. The company has called an extraordinary general meeting ...
 Calcutta Telegraph2 weeks ago BIFR orders closure of JCT Electronics  Hindu Business Line1 month ago BIFR orders winding up of JCT Electronics  Hindu Business Line1 month ago
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