Search For "asset reconstruction companies"
Banks' financial health improves as non-performing assets decline to Rs 4.
Updated : 4 months ago IST
The financial health of banks in the country continues to strengthen, with non-performing assets (NPAs) registering a steady decline in the second quarter of the current financial year FY26, highlighted a report by CareEdge Ratings.
Read More
Private ARC AUM may drop 4-6% as redemptions outpace acquisitions: Crisil
Updated : 8 months, 1 week ago IST
Assets under management (AUM) of private asset reconstruction companies (ARCs), as measured by security receipts (SRs) outstanding, is expected to decline 4-6 per cent to Rs 1.05 lakh crore this fiscal after sliding 15 per cent last fiscal, according to a latest report by Crisil Ratings.
Read More
Retail security receipts redemption rate for ARCs to rise 600 bps: Crisil
Updated : 12 months ago IST
Asset reconstruction companies (ARCs) are poised for a significant boost in the redemption rate of security receipts (SRs) issued for stressed retail assets, with an estimated increase of around 600 basis points (bps) to 69-71 per cent in the upcoming fiscal year, according to an analysis of
Read More
Arcil Launches New CSR Initiative in Collaboration with FUEL Business Scho
Updated : 1 year, 1 month ago IST
Mumbai (Maharashtra) [India], February 10: Arcil, one of India's leading asset reconstruction companies, has once again reinforced its commitment to community development with its latest Corporate Social Responsibility (CSR) initiative in partnership with FUEL (Friends Union for Energizing L
Read More
Tavasya Closes its Second Stressed Asset Fund in 6 Months
Updated : 1 year, 1 month ago IST
New Delhi [India], January 30: Tavasya SSF, a Category 1 Special Situations Fund, announces the successful initial close of its second scheme "Tavasya Mudrikaran Scheme II" - a scheme with a fund size of Rs. 200 Crores which was launched on 01st January 2025.
Read More
RBI introduces revised framework for ARC-borrower settlements
Updated : 1 year, 1 month ago IST
ARCs are now required to frame Board-approved policies governing the settlement of dues. These policies must cover crucial aspects such as the eligibility cut-off dates for one-time settlements, permissible sacrifices for various exposure categories, and methodologies to determine the realiz
Read More
Recovery from stressed roads to rise 700 bps for ARCs this fiscal: CRISIL
Updated : 1 year, 3 months ago IST
Asset reconstruction companies (ARCs) will witness their cumulative recovery rate for stressed road projects rise 700-1,000 basis points (bps) this fiscal after doubling to 50-55 per cent last fiscal, the CRISIL Ratings said in its report.
Read More
Private ARCs to face 7-10 per cent asset shrinkage this fiscal amidst slow
Updated : 1 year, 7 months ago IST
The expected reduction in AUM, which is forecasted to fall to between Rs 1.2 lakh crore and Rs 1.25 lakh crore by the end of fiscal 2025, down from Rs 1.35 lakh crore the previous fiscal year, is attributed to a slowdown in acquisitions and a steady rate of redemptions.
Read More
Asset Reconstruction Companies not working as per their mandate to reconst
Updated : 1 year, 9 months ago IST
The Reserve Bank of India raised alarm on the functioning of the Asset Reconstruction Companies (ARCs) by highlighting that the ARCs not working as per their mandate to reconstruct and recover the assets
Read More
Reserve Bank hosts conference on governance in asset reconstruction compan
Updated : 1 year, 10 months ago IST
According to a press release, the event, themed 'Governance in ARCs - Towards Effective Resolutions', saw the participation of over 80 representatives from all 27 ARCs across the country.
Read More
RBI Issues Master Direction for Asset Reconstruction Companies
Updated : 1 year, 11 months ago IST
According to the directions, to commence the business of securitisation or asset reconstruction, an ARC is required to have a minimum net owned fund (NOF) of Rs300 crore and thereafter, on an ongoing basis.
Read More
Income Tax Department conducts searches in Mumbai
Updated : 4 years, 3 months ago IST
New Delhi [India], December 15 (ANI): The Income Tax Department has carried out search and seizure operations on four Asset Reconstruction Companies (ARCs) in Mumbai, informed the Ministry of Finance on Wednesday.
Read More