ARCs
Finance
Prudent ARC set to raise fresh capital for its AIF
New Delhi-based Prudent ARC Ltd is set to raise around Rs 450 crore (about $60.5 million) in the second scheme ......
Finance
Indiabulls group looks to sell ARC arm as pandemic bites
Indiabulls group has decided to put up its four-year-old asset reconstruction company (ARC) for sale as it looks to exit ......
People
Phoenix ARC expects activity to pick up in Jan-March: Chief exec
Phoenix ARC Private Limited, sponsored by Kotak Mahindra Group, witnessed a spike in profit for April-September on a year-on-year basis. The ......
Finance
Level the playing field for ARCs if bad bank pops up: Panellists at VCCircle event
As lenders urge the government for a bad bank anticipating a further surge in soured debt due to coronavirus, asset ......
Finance
Why calls for pre-packaged IBC deals, easing ban on promoters are getting louder
A pre-packaged deal mechanism for stressed assets and lifting a ban on promoters from bidding for the companies they once ......
Finance
Stressed assets in bankruptcy tribunal face flurry of renegotiations amid corona scare
Coronavirus has set off a flurry of renegotiations for distressed assets falling under the Insolvency and Bankruptcy Code (IBC) besides ......
Finance
Stressed assets on pause for now but coronavirus aftermath poses shakeout risks
Even as the entire stressed asset ecosystem is almost on pause in the pandemic, both buyers and sellers are bracing ......
Economy
What the SC order on stressed assets means for ARCs, PE funds, strategic buyers
The Supreme Court (SC) order quashing the central bank’s framework on bad loans may give more shopping time to investors, ......
