Search For "security receipts"
Private ARC AUM may drop 4-6% as redemptions outpace acquisitions: Crisil
Updated : 10 months, 2 weeks 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.
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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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Private ARCs to face 7-10 per cent asset shrinkage this fiscal amidst slow
Updated : 1 year, 9 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.
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IDFC FIRST Bank PAT Increases by 21 Percent YOY to Rs. 2,957 Crore for FY
Updated : 2 years ago IST
Mumbai (Maharashtra) [India], April 29: Financial results at a glance: The Board of Directors of IDFC FIRST Bank, in its meeting held today, approved the audited financial results for the quarter and the year ended March 31, 2024.
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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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SEBI allows listing of security receipts by ARC
Updated : 8 years, 4 months ago IST
New Delhi [India], Dec 28 (ANI): The Securities and Exchange Board of India (SEBI) on Thursday allowed the listing of security receipts on stock exchanges by the Asset Reconstruction Company (ARC), a move that could help banks to resolve the Non Performing Assets (NPA) issue.
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