Areion’s maiden GIFT City fund secures USD 50 million

Mumbai (Maharashtra) [India], September 8: Areion Assets Management Private Limited (AAMPL), the investment...

Mumbai Sessions Court denies anticipatory bail to Sudhir Valia

A Mumbai court has rejected the anticipatory bail application of Sudhir V Valia, a prominent businessman and...

ED conducts conducts raids at 17 places in Maharashtra, Delhi

The Enforcement Directorate (ED) on Tuesday conducted searches at 17 locations across Maharashtra and Delhi,...

Tandora Launches India’s First Digital Marketplace for Auction

Chennai (Tamil Nadu) [India], May 28: India's growing Non Performing Asset (NPA) space has created a strong need for...

ARCs face challenges of capital, legal delays and valuation gaps:

Asset Reconstruction Companies (ARCs) continue to face major operational and regulatory challenges, including...

NARCL reports Rs 4,364 crore recovery in FY26, cumulative recover

The National Asset Reconstruction Company Limited (NARCL) has reported a significant acceleration in its recovery...

Banks' financial health improves as NPA decline

The financial health of banks in the country continues to strengthen, with non-performing assets (NPAs) registering...

Private ARC AUM may drop 4-6% as redemptions outpace acquisitions

Assets under management (AUM) of private asset reconstruction companies (ARCs), as measured by security receipts...

Reliance ARC and Credgenics leverage AI for excellence

New Delhi [India], May 27: Credgenics, the leading provider of AI-powered debt recovery solutions, is powering the...

Retail security receipts redemption rate for ARCs to rise 600 bps

Asset reconstruction companies (ARCs) are poised for a significant boost in the redemption rate of security receipts...

Arcil Launches New CSR Initiative to Empower Underserved Youth

Mumbai (Maharashtra) [India], February 10: Arcil, one of India's leading asset reconstruction companies, has once...

Tavasya Closes its Second Stressed Asset Fund in 6 Months

New Delhi [India], January 30: Tavasya SSF, a Category 1 Special Situations Fund, announces the successful initial...