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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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SBI sells Abhijeet loan to clean up books

State Bank of India (SBI), the lead banker in the consortium of lenders to Corporate Power Ltd (CPL), an Abhijeet Group company, has sold this bad... ...

http://timesofindia.feedsportal.com/c/33039/f/533988/s/45a569bc/sc/33/l/0Ltimesofindia0Bindiatimes0N0Ccity0Cnagpur0CSBI0Esells0EAbhijeet0Eloan0Eto0Eclean0Eup0Ebooks0Carticleshow0C470A20A50A20Bcms/story01.htm
Arcil's asset buys fell last fiscal, says CEO

Banks offered Rs90,000 crore of bad loans to companies such as Arcil in the year ended March, but only less than a quarter of them, about Rs20,000... ...

http://www.livemint.com/Industry/NLnIO5v1FVqGdpY443bK0N/Arcils-asset-buys-fell-last-fiscal-says-CEO.html
Arcil acquires stressed assets worth Rs 2,000 cr in FY15

econstruction Company India Ltd (Arcil) acquired stressed loans, including non-performing assets (NPAs) worth about Rs 2,000 crore in FY15 from... ...

http://www.business-standard.com/article/finance/arcil-acquires-stressed-assets-worth-rs-2-000-cr-in-fy15-115042200937_1.html
Shirpur Gold Refinery shines on incorporating a step down subsidiary PMMRL

SENSEX 27900.05 542.05 1.91% NIFTY 8448.55... ...

http://www.finalaya.com/News/Shirpur-Gold-Refinery-shines-on-incorporating-a-step-down-subsidiary-PMMRL-N390037.aspx
SBI sells Abhijeet Group firm loans to Arcil at 77% discount

State Bank of India (SBI) has sold R1,500 crore of loans given to Abhijeet Group firm Corporate Power to Asset Reconstruction Company India (Arcil)... ...

http://www.financialexpress.com/article/industry/banking-finance/sbi-sells-abhijeet-group-firm-loans-to-arcil-at-77-discount/63429/

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