RBI revises guidelines on settlement of dues by ARC

ARCs are now required to frame Board-approved policies governing the settlement of dues. These policies must cover...

Arcil Inaugurates Educational Projects in Dahanu

Mumbai (Maharashtra) [India], December 26: Asset Reconstruction Company (India) Ltd. (Arcil) has inaugurated two...

Recovery from stressed roads to rise 700 bps for ARCs this fiscal

Asset reconstruction companies (ARCs) will witness their cumulative recovery rate for stressed road projects rise...

Arcil Joins Hands with Studeasy Bharat Foundation

Mumbai (Maharashtra) [India], October 1: Asset Reconstruction Company (India) Limited (Arcil) is pleased to announce...

Private ARCs to face 7-10 per cent asset shrinkage

The expected reduction in AUM, which is forecasted to fall to between Rs 1.2 lakh crore and Rs 1.25 lakh crore by...

Faced with RBI scrutiny, both ECL Finance and Edelweiss Asset Rec

Both ECL Finance and Edelweiss Asset Reconstruction Company, upon which RBI put certain restrictions on Wednesday,...

RBI imposes business restrictions on two entities of Edelweiss

This decisive action comes in response to supervisory concerns identified during recent examinations, as per RBI release.

Asset Reconstruction Companies not working as per mandate: RBI

The Reserve Bank of India raised alarm on the functioning of the Asset Reconstruction Companies (ARCs) by...

Reserve Bank hosts conference on governance

According to a press release, the event, themed 'Governance in ARCs - Towards Effective Resolutions', saw the...

RBI Issues Master Direction for Asset Reconstruction Companies

According to the directions, to commence the business of securitisation or asset reconstruction, an ARC is required...

Aditya Birla Capital launches One Verse

Mumbai (Maharashtra) [India], May 26: Aditya Birla Capital, the financial services arm of the Aditya Birla Group,...

HC seeks response to Swamy's PIL seeking probe on Yes Bank assets

The Delhi High Court on Friday asked the government, the Reserve Bank of India (RBI), and the Securities Exchange...