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'Nepal has never undertaken something of this magnitude'

'It’s not that because the authority has not hit the ground running that everything is at a standstill. That’s not the case at all' 'Even when certain basic (relief work) guidelines......

Finmin to form company to take over bad loans

The Finance Ministry is considering a proposal to set up a National Asset Management Company that may act as a nodal agency for taking over bad loans of banks and help revive sick units. There......

Foreign investment ceiling in ARCs raised to 74%

Foreign investment ceiling in Asset Reconstruction Companies (ARCs) has been increased to 74 per cent from 49 per cent, a move aimed at bringing more foreign expertise in the segment. "The ceiling......

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......

Ambit plans stressed assets biz, NBFC

The Ashok Wadhwa-promoted Ambit Holdings is planning to start a stressed asset business and a non-banking finance company by the end of this financial year. The stressed asset business would be a......

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......
  Web results for Asset Reconstruction Company
Study

Mumbai, June 30 Banks would need to write off their losses between 40 and 70 per cent in at least 240 companies, which are under heavy debt... ...

http://www.prokerala.com/news/articles/a659916.html
How politicians, business tycoons messed it up

India has made a good start to tackling its bad debt problem but, with Rajan's departure, the worry is that the momentum will falter, saysUna... ...

http://www.rediff.com/money/report/column-indias-debt-burden-how-politicians-business-tycoons-messed-it-up/20160630.htm
Lender turns to ARCs to shed worst performer tag

The bank plans to sell 20 loan accounts, with loans worth around Rs 2,000 crore, to asset reconstruction companies in the next few quarters... ...

http://www.financialexpress.com/article/industry/banking-finance/uco-bank-expects-to-make-profits-by-fy18/301538/
Dear finance minister, end this drift on bad loans

The Reserve Bank of India's latest report financial stability shows the worst may not be over for the country's mountain of bad loans — or... ...

http://m.hindustantimes.com/editorials/dear-finance-minister-end-this-drift-on-bad-loans/story-dn6drlHpVsGkuBoJB9vlQP.html
India FinServ 2016

Role of Private Capital & Technology in Building Financial Services for a Billion It has been a year since smaller banks in India, were granted... ...

http://events.vccircle.com/content/vccircle-financial-services-investment-summit-2016

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