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  • Business

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......
  Videos for Arcil
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  People speak for arcil

  • QNA
Q. SPIC ---the petrochemical / fertilizer l industry is deep in the red now. But some time ago I read a statement in a prominent economic site that it will soon become the Infosys of fertilizers. Are these the gimmicks of the promoters to boost the share price and then offload their stake in the market? Who can protect the poor shareholders from such dirty games played by the promoters?
:  A. There are lot of rumours going on about SPIC. This had happened about 4 or 5 years ago where a revival programme was mooted. God knows what...... more

Good Citizen
Q. why to join arcil?
Good Citizen:  A. Arcil is India's first and the largest asset reconstruction company, set up by State Bank of India, IDBI Bank Limited, ICICI Bank Limited and...... more

amruta inamdar
Q. i have purchased 6500 shares of jhagadia copper ltd. 2 yrs ago @22.50 what is the future prospect of this company please suggest
Amruta Inamdar:  A. I heard some news of take over by ARCIL and there is a possibility for the stock to zoom . I dont know much about the company though more

Rajeev Agarwal
Q. what is the future prospects of jhagadia copper and what is the inprovement of ARCIL for this company?
Rajeev Agarwal:  A. BOGUS COMPANYSAY AWAY KYOI SARI COMPANY MA PAISA INVEST KARO .Visit Create wealth out of stock recommendations given at...... more

jigna dholakia
Q. sirwhy your company was delisted, wheather it comes or not in shares workingthanks, regards ,a.k.guptae-mail ;-
Jigna Dholakia:  A.  Kitply Industries Ltd has informed that "The management informed the Board that Bank of India and ICICI Bank Limited has assigned their secured...... more

  Web results for Arcil
Federal Bank recovers Rs 10 cr dues from Kingfisher Air

Also Read: Bad loans worth Rs 42k cr offered for sale this year: ARCIL "So far we have recovered Rs 10 crore from Kingfisher Airlines. We had an... ...
Tata Steel Axis gain, Reliance falls 3%; Sensex ends flat

03:50 Market closing After a rangebound day, the market ended on a flat note. The Sensex was up 13.66 points at 21753.75, and the Nifty gained... ...
RBI permits asset reconstruction companies to buy bad loans from sponsor banks

Bad loans on the books of listed banks have risen consistently over the past two years, largely on account of a slowing economy. Photo: Pradeep... ...
Banks invite bids for Rs 42,800 cr NPAs ahead of tough norms

MUMBAI: Banks, most of them government-owned, are biting the bullet and seeking to sell a record $7 billion of bad loans to asset reconstruction... ...
Rates aren't only important in FDs

Divide your money between debt instruments for diversification Neha Pandey Deoras | Mumbai February 26, 2014 Last Updated at 15:59 IST Shopping for... ...

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