Jaiprakash Associates faces corporate insolvency with 25 bidders vying for acquisition, including major Indian conglomerates ...

The Rs 1.5-lakh-crore asset reconstruction market comprises ... American private equity firm Lone Star Funds and India's infrastructure financing company IL&FS will jointly invest $550 million ...

In the case of JAL, State Bank of India has the largest debt hold at 26%, followed by ICICI Bank at 19% and IDBI Bank at 11%. The company has total principal outstanding debt of ₹17,700 crore as of ...

Association of Asset Reconstruction Companies in India. Lenders have seen growing stress in unsecured loans, with several private banks flagging it after their September quarter financial results.

the Asset Reconstruction Company (ARC) industry in India is now poised to explore new opportunities. To date, ARCs have acquired stressed assets worth approximately ₹10 lakh crore, with acquisit ...

EOW has registered a separate preliminary inquiry pertaining to NPAs. The probe could open a Pandora’s box, investigators ...

to acquire a 79.28% stake in India SME Asset Reconstruction Co. Ltd (ISARC), a SIDBI-sponsored asset reconstruction company (ARC), the company said in a statement today. The ₹260 crore ...

UBS said on Tuesday it would sell its Indian wealth business to 360 ONE WAM and take a stake of nearly 5%, worth some $220 ...

Reserve Bank of India (RBI) said last week it would now permit market-determined securitisation of stressed assets, besides those loans where repayments were on track ...

The Securities and Exchange Board of India has begun drawing up a roadmap for listing and trading of security receipts issued by a securitization company or asset reconstruction company ...