ARCs, stressed asset investors look for deals as banks auction $3.6 bn of bad loans

By Beena Parmar

  • 19 Mar 2019
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Credit: Reuters

Asset reconstruction companies (ARCs) and other investors may pursue distressed assets more actively in coming weeks as banks auction more bad loans to meet recovery targets for the financial year through March amid delays in the insolvency resolution process. Banks have put up non-performing assets (NPAs) of almost Rs 25,000 crore ......

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