sale of stressed assets to asset reconstruction companies (ARCs) in 2015-16 was only a trickle of the NPA mount at 2 percent of the total of nearly Rs 5.8 trillion, which is down a whopping 20 per ...

The Reserve Bank of India has introduced a new framework allowing banks and NBFCs to directly sell stressed assets to ...

Twenty-six major companies, including Adani, Vedanta, and Patanjali, are competing to acquire the insolvent Jaiprakash ...

Currently, standard assets are securitised widely, where banks and non-banking finance companies (NBFCs) participate actively ...

The company has total principal outstanding debt of ₹17,700 crore as of March 2023. Get updates on your preferred social platform Follow us for the latest news, insider access to events and more.

Ltd - a previous buyer of Jaiprakash’s cement assets in a deal that now stands rescinded. Dalmia Cement had earlier expressed ...

India's stressed asset market is attracting foreign investors due to regulatory reforms like the IBC and RBI revisions.

Mumbai police's Economic Offences Wing is investigating a Rs 122 crore embezzlement case involving New India Cooperative Bank ...

RBI introduces new securitisation framework for stressed assets, seeking public feedback to improve risk distribution and aid ...

The Reserve Bank of India (RBI) proposes a new framework for securitizing stressed assets, offering an alternative to asset reconstruction companies (ARCs). The framework aims to facilitate risk ...

Authum Investment and Infrastructure Ltd has secured the approval of the Reserve Bank of India (RBI) to acquire a 79.28% stake in India SME Asset Reconstruction Co. Ltd (ISARC), a SIDBI-sponsored ...