Search For "asset reconstruction company"
Reliance ARC and Credgenics leverage AI for excellence in debt resolution
Updated : 1 year ago IST
New Delhi [India], May 27: Credgenics, the leading provider of AI-powered debt recovery solutions, is powering the digital transformation in debt recoveries at Reliance ARC, the leading Asset Reconstruction Company. The strategic technology partnership reflects a shared vision of harnessing
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Arcil Inaugurates Educational Projects in Dahanu to Enhance Sanitation and
Updated : 1 year, 5 months ago IST
Mumbai (Maharashtra) [India], December 26: Asset Reconstruction Company (India) Ltd. (Arcil) has inaugurated two transformative projects aimed at improving educational infrastructure in rural government schools in Dahanu taluka of Palghar district. These CSR initiatives, executed in collabor
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Arcil Joins Hands with Studeasy Bharat Foundation to Empower Students in R
Updated : 1 year, 8 months ago IST
Mumbai (Maharashtra) [India], October 1: Asset Reconstruction Company (India) Limited (Arcil) is pleased to announce its collaboration with Studeasy Bharat Foundation (SBF), Navi Mumbai, to provide digital classrooms to 30 government schools across Haryana, Madhya Pradesh, and Goa.
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Faced with RBI scrutiny, ECL Finance and Edelweiss Asset Reconstruction Co
Updated : 2 years ago IST
Both ECL Finance and Edelweiss Asset Reconstruction Company, upon which RBI put certain restrictions on Wednesday, asserted that there won't be any material impact on the companies arising out of these orders.
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RBI imposes business restrictions on ECL Finance Limited, Edelweiss Asset
Updated : 2 years ago IST
This decisive action comes in response to supervisory concerns identified during recent examinations, as per RBI release.
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Asset Reconstruction Companies not working as per their mandate to reconst
Updated : 2 years 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
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Delhi HC asks govt, RBI to respond to Subramanian Swamy's PIL seeking prob
Updated : 3 years, 2 months ago IST
The Delhi High Court on Friday asked the government, the Reserve Bank of India (RBI), and the Securities Exchange Board of India (SEBI) to file responses of former Rajya Sabha MP Subramanian Swamy's PIL seeking direction to form a committee consisting of experts to investigate into the trans
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J.C. Flowers completes acquisition of Nonperforming Assets from YES BANK i
Updated : 3 years, 5 months ago IST
New York [US], December 19 (ANI/PRNewswire): J.C. Flowers & Co. LLC ("J.C. Flowers" or "the Firm"), a leading private investment firm dedicated to investing globally in the financial services industry, announced today that the J.C. Flowers Asset Reconstruction Company (the "ARC") has com
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Legal Window introduces premium business setup and legal services for Indi
Updated : 4 years, 3 months ago IST
New Delhi [India], February 21 (ANI/TPT): Legal Window, a new-age business setup consultancy and legal services firm, has launched its premium services including Transfer Pricing in India, International Tax Advisory Services, NBFC Registration, Asset Reconstruction Company Registration, IRDA
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All approvals granted for setting up 'Bad Bank': SBI Chairman
Updated : 4 years, 4 months ago IST
Mumbai [India], January 28 (ANI): State Bank of India (SBI) Chairman Dinesh Kumar Khara said on Friday all the required approvals to set up the National Asset Reconstruction Company or what is popularly called a 'bad bank' has been granted, including by the Reserve Bank of India.
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National Asset Reconstruction Company to acquire stressed assets of about
Updated : 4 years, 8 months ago IST
New Delhi [India], September 16 (ANI): Union Cabinet approved the Central Government guarantee of Rs 30,600 crore to back Security Receipts issued by National Asset Reconstruction Company Limited (NARCL) for acquiring stressed loan assets on Wednesday.
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Union Bank to pick up 9 pc stake in NARCL
Updated : 4 years, 12 months ago IST
New Delhi [India], June 7 (ANI): Union Bank of India (UBI) on Monday said it will pick stake in the National Asset Reconstruction Company Ltd (NARCL) and has identified Non Performing Assets (NPAs) worth Rs 7,800 crore to be transferred to the proposed bad bank for resolution.
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