'Bad loans pricing and scope of recovery to determine NPAs sale'
The quantum of recoveries from bad loans is going to determine the appetite of asset restructuring companies' (ARCs) to buy such stressed assets, says a report.
Nov 08, 2015, 12:37 PM IST
$5-mn Indian aid to treat heart disease among Afghan kids
India has decided to grant $5 million to the Afghan Red Crescent Society (ARCS) for the treatment of Afghan children suffering from congenital heart disease, the Indian embassy said here on Monday.
Sep 14, 2015, 21:37 PM IST
India to treat Afghan children with heart disease
India will help cure 4,000 Afghan children having heart disease, Afghanistan Red Crescent Society (ARCS) said.
Sep 13, 2015, 16:16 PM IST
Dena Bank to sell small ticket bad loans to ARCs
For the first time, mid-sized state-run Dena Bank is planning to sell small ticket non-performing assets of up to Rs 2 lakh to asset reconstruction companies (ARCs) in the current quarter.
Jul 28, 2015, 11:56 AM IST
Finance Ministry readying plan to deal with menace of bad loans
To deal with the issue of bad loans on a war footing manner, the Finance Ministry on Wednesday charted out action plans including strengthening of asset reconstruction companies (ARCs) to deal with rising NPAs.
Jun 17, 2015, 21:27 PM IST
New RBI norms to help orderly development of ARCs
The recent Reserve Bank guidelines on asset reconstruction companies (ARCs) will result in greater alignment of interest between these companies and other investors, which in turn will lead to an orderly development of the sector, says a report.
Aug 17, 2014, 20:49 PM IST
RBI mandates ARCs to become member of credit bureau
It also included a provision to ask banks for a minimum time of one or two weeks for doing a due diligence on a portfolio.
Aug 07, 2014, 22:09 PM IST
SBI sells NPA worth Rs 3,590 cr to ARCs last fiscal
State Bank of India sold non-performing assets worth Rs 3,590 crore to various asset reconstruction companies (ARCs) during 2013-14.
Jul 15, 2014, 17:04 PM IST
