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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
Hotel cries chocolate, booze theft in court

CHANDIGARH: The Park Plaza Hotel in Sector 17 has moved court demanding officials of various banks and a bad loan restructuring firm, who had... ...

http://timesofindia.indiatimes.com/city/chandigarh/Hotel-cries-chocolate-booze-theft-in-court/articleshow/55887954.cms
With RBI issuing licence to Ambit-JC Flowers JV, expect things to get better on bad loan front

MUMBAI: The secondary market for bad loans is likely to gain momentum with the Reserve Bank of India handing out licences to asset reconstruction... ...

http://economictimes.indiatimes.com/markets/stocks/news/with-rbi-issuing-licence-to-ambit-jc-flowers-jv-expect-things-to-get-better-on-bad-loan-front/articleshow/55830044.cms
Hindustan Copper starts operation at Jhagadia Copper

Hindustan Copper Limited's Indian Copper Complex, Jharkhand Government owned Hindustan Copper Ltd (HCL) has commenced production at Jhagadia... ...

http://smartinvestor.business-standard.com/market/Compnews-417378-Compnewsdet-Hindustan_Copper_starts_operation_at_Jhagadia_Copper.htm

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