Smaller asset reconstruction companies (ARCs) are stepping up their bad-loan purchases as they consider buying in bulk a pool of small stressed assets from banks looking to clean up their books. Omkara Assets Reconstruction Company and UV ARC Ltd are among the ARCs looking at smaller non-performing assets (NPAs) from those ......
Smaller ARCs chase bulk deals to step up bad-loan purchases
By Beena Parmar
- 03 Oct 2019