Why banks are slowing bad-loan sales to asset reconstruction companies
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Why banks are slowing bad-loan sales to asset reconstruction companies

By Beena Parmar

  • 04 Nov 2019
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Why banks are slowing bad-loan sales to asset reconstruction companies
Credit: Reuters

Indian banks have slowed the pace of selling bad loans to asset reconstruction companies (ARCs), as they work on other options including bankruptcy proceedings and direct negotiations with defaulters to get their money back. A steep fall in the recovery of bad loans by ARCs in recent years has also put ......

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