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Former SBI chairman, Alchemist ARC promoter booked in loan scam case

Finance

01 November, 2021

Former SBI chairman, Alchemist ARC promoter booked in loan scam case

Rajasthan’s Jaisalmer police have arrested ex-State Bank of India (SBI) chairman Pratip Chaudhuri in relation to a loan scam case ......

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DMI Finance-backed ARC to launch $27 mn maiden distressed asset fund

Finance

02 September, 2021

DMI Finance-backed ARC to launch $27 mn maiden distressed asset fund

Non-bank lender DMI Finance-backed Alchemist Asset Reconstruction Company (ARC) Pvt Ltd has planned to launch its maiden alternative investment fund ......

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Reliance Home Finance gets only two binding bids from six suitors

Finance

21 December, 2020

Reliance Home Finance gets only two binding bids from six suitors

Of the six entities that are in fray for debt-laden Reliance Home Finance Ltd, only two have submitted binding bids, ......

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PE-backed ARC among bidders for Anil Ambani's home finance arm

Finance

17 December, 2020

PE-backed ARC among bidders for Anil Ambani's home finance arm

Four asset reconstruction companies (ARCs) and a non-banking finance company have submitted bids for Reliance Group’s (formerly Anil Dhirubhai Ambani ......

AION eyes stake in Lakshmi Vilas Bank; ArcelorMittal circles Essar group firm

General

18 September, 2018

AION eyes stake in Lakshmi Vilas Bank; ArcelorMittal circles Essar group firm

Special situations private equity firm AION Capital Partners has joined the list of suitors for a significant minority stake in ......