Have $1 bn more to deploy in stressed assets: Edelweiss ARC CEO RK Bansal
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Have $1 bn more to deploy in stressed assets: Edelweiss ARC CEO RK Bansal

By Shailaja Sharma

  • 01 Aug 2018
Premium
Have $1 bn more to deploy in stressed assets: Edelweiss ARC CEO RK Bansal
R K Bansal, MD & CEO, Edelweiss ARC

The growing pile of bad loans has dragged many banks into the red but Edelweiss Asset Reconstruction Co. Ltd has little to complain about. After all, its net profit jumped 75% in the year through March to Rs 178 crore while revenue climbed 65% to Rs 833 crore. In fact, ......

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