News

Jaiprakash Associates faces corporate insolvency with 25 bidders vying for acquisition, including major Indian conglomerates ...
Now this high-stakes bidding war will have major implications for the Indian corporate sector depending on who wins it.
The Indian central bank's plan to allow lenders to bundle bad loans into tradable securities will draw foreign portfolio ...
EOW has registered a separate preliminary inquiry pertaining to NPAs. The probe could open a Pandora’s box, investigators ...
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 ...
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 ...
During the probe, it was found that many loans that had been classified as Non Performing Assets (NPA) were sold to this ARC, ...
The Reserve Bank of India (RBI) is set to introduce a framework for the securitisation of stressed assets, aimed at creating an alternative market-based mechanism for the resolution of bad loans, ...
Others who showed interest in acquiring Jaiprakash Associates Ltd (JAL), currently under insolvency proceedings initiated to recover defaulted loans, include Ahmedabad-based Torrent Group, Jindal ...
Securitization of stressed assets is a process where a lender sells its non-performing loans (NPAs) to a dedicated entity (SPE). This SPE finances the purchase by is ...
Currently, standard assets are securitised widely, where banks and non-banking finance companies (NBFCs) participate actively ...
The company’s growth trajectory showcases the strength and resilience of independent asset service providers in India. Through technological innovation, strategic global expansion, and a ...