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Bengal wants to sell bad assets to Arcil

In what will be the first deal of its kind, West Bengal Industrial Development Corporation is in talks with asset reconstruction company Arcil to sell a part of its distressed assets.So far, Arcil......

Arcil to acquire bad loans from two PSBs

Asset Reconstruction Company has acquired bad debts totalling Rs 805 crore (Rs 8.05 billion) from ICICI Bank and National Housing Bank (NHB) and is close to finalising 2-3 more deals including......

ICICI Bank sells 45% bad home loans to Arcil

ICICI Bank, the country's second largest bank, has sold roughly 45 per cent of its sticky home loans to the Asset Reconstruction Company India Ltd (Arcil) in a first step towards creating a market......

ARCIL makes a hesitant start

Over the past three years, a sizeable chunk of the banking sector's profit has been used for making provisions to bring down the net non-performing assets so that the balance sheets look......

ICICI turns over BPL brand to Arcil

ICICI Bank has sold the Rs 600-crore (Rs 6 billion) loan it had given to BPL Ltd to the Asset Reconstruction Company of India Ltd (Arcil)."The brand name of BPL Ltd, which had been pledged to ICICI......
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  Web results for Arcil
Sensex rallies over 150 points, Nifty reclaims 8850; top 12 stocks in focus

NEW DELHI: The S&P BSE Sensex rose as much as 158 points in trade on Wednesday tracking positive trend seen in other Asian markets. The rally in... ...

http://economictimes.indiatimes.com/markets/stocks/news/sensex-rallies-over-150-points-nifty-reclaims-8850-top-12-stocks-in-focus/articleshow/46282425.cms
Hind Copper buys assets of Jhagadia Copper

Hindustan Copper Ltd (HCL) has taken over the assets of the Jhagadia Copper Ltd (JCL). In a disclosure to the stock exchange, HCL said that the... ...

http://www.thehindubusinessline.com/companies/hind-copper-buys-assets-of-jhagadia-copper/article6905731.ece?utm_source=RSS_Feed&utm_medium=RSS&utm_campaign=RSS_Syndication
Uttam Value Steels announces cessation of nominee director

Capital Market February 10, 2015 Last Updated at 18:04 IST With effect from 10 February 2015 Uttam Value Steels announced about the following... ...

http://www.business-standard.com/article/news-cm/uttam-value-steels-announces-cessation-of-nominee-director-115021001511_1.html
NPA sales hit as ARCs pay more upfront but offer less

MUMBAI: The Reserve Bank of India (RBI) diktat to asset restructuring companies (ARCs) to pay more cash upfront for bad loans is beginning to bite.... ...

http://economictimes.indiatimes.com/news/economy/finance/npa-sales-hit-as-arcs-pay-more-upfront-but-offer-less/articleshow/46127681.cms
When your debt is sold, what next?

Sanjay was surprised to receive a notification from a company named Phoenix ARC asking him to pay up the dues on his personal loan. What was even... ...

http://www.thehindubusinessline.com/features/investment-world/beyond-stocks/when-your-debt-is-sold-what-next/article6821337.ece?utm_source=RSS_Feed&utm_medium=RSS&utm_campaign=RSS_Syndication

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