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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
5 counterpoints that call Vijay Mallya's bluff

Industrialist Vijay Mallya, in an interview to UK-based Financial Times , said that by taking my passport or arresting me, they will not get any... ...

http://wap.business-standard.com/article/companies/5-counterpoints-that-call-vijay-mallya-s-bluff-116042901133_1.html
ICICI Bank's Q4 net falls 76% to Rs 702 cr on exceptional provisioning

Related to : ICICI Bank Ltd ICICI Bank Ltd BSE 29 Apr 16 | 12:00 AM 236.60 -3.55 (-1.48%) NSE 29 Apr 16 | 12:00 AM 236.95 -3.15... ...

http://smartinvestor.business-standard.com/market/Marketnews-381059-Marketnewsdet-ICICI_Banks_Q4_net_falls_76_to_Rs_702_cr_on_exceptional_provisioning.htm
Acceptance, flexibility among players needed

One of the main problemsweighing on the market is the stressed asset situation. Some of the biggest names in the industry believe that acceptance... ...

http://www.moneycontrol.com/news/economy/npa-mess-acceptance-flexibility-among-players-needed_6458241.html
ICICI bank's net profit plunges 87% in March quater, worst in 11 years

MUMBAI: ICICI Bank on Friday reported its worst numbers in over a decade with consolidated net profit plunging 87 per cent in the March quarter at... ...

http://timesofindia.indiatimes.com/business/india-business/ICICI-banks-net-profit-plunges-87-in-March-quater-worst-in-11-years/articleshow/52041196.cms
More pain ahead for ICICI Bank

If there is talk of green shoots in the economy, they may not find much credibility going by the results declared by lenders such as ICICI Bank and... ...

http://www.thehindubusinessline.com/money-and-banking/more-pain-ahead-for-icici-bank/article8537001.ece?utm_source=RSS_Feed&utm_medium=RSS&utm_campaign=RSS_Syndication

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