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

By Beena Parmar

  • 04 Nov 2019
Premium
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 ......

This is a Premium article. Please subscribe or log in to read the full story!

Here's a selection of our recent premium content.

Already a member? Click here to log in.