Prudent ARC set to raise fresh capital for its AIF

By Beena Parmar

  • 17 Aug 2021
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Credit: 123RF.com

New Delhi-based Prudent ARC Ltd is set to raise around Rs 450 crore (about $60.5 million) in the second scheme of its alternative investment fund (AIF) in this calendar year to invest in more distressed assets, said two people aware of the development.   The asset reconstruction company (ARC) will launch its ......

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