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Retail security receipts redemption rate for ARCs to rise 600 bps: Crisil
Updated : 1 year, 1 month 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
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