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Banks prefer cash deals for NPA sale10-JUN-09
Long wait for realisation makes lenders averse to security receipt transactions.
Arcil plans $600 mn fund19-JAN-09
Asset Reconstruction Company of India has decided to float a $600 million (around Rs 2,900 crore) stressed asset fund by the end of March to “bring back confidence” of investors, S Khasnobis, managing director and CEO, said.
Asset books of ARCs set to swell as banks report rising NPAs08-NOV-08
Asset books of Indian asset reconstruction companies (ARCs) are set to register a significant growth, thanks to the rise in banks’ retail non-performing assets (NPAs) this year.
`Longer slowdown will impact profits`27-JUL-08
While a slowdown has dawned on many only now, Asset Reconstruction Company (India) or Arcil had started preparing for it months ago. The company is in the midst of bolstering its capital base to deal
Arcil appoints Apitco for portfolio resolution agency09-OCT-04
The Asset Reconstruction Company (India) Limited (Arcil) today appointed Apitco (formerly Andhra Pradesh Industrial and Technical Consultancy Organisation Limited) as its third portfolio resolution
Foreign funds keen on buying debt of CDR-steered firms21-OCT-03
Foreign funds have shown interest in taking over the debts and giving fresh loans to companies whose debt has been restructured through the corporate debt restructuring package. Hermes, a German
  
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