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UV Asset Reconstruction Company submits bid to buy IFIN's bad loans

Sale to help IL&FS clean its financial services arm book

bad loans, debt, loan, banks, finance
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Mumbai
3 min read Last Updated : Oct 22 2021 | 10:00 AM IST
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UV Asset Reconstruction Company (ARC) has submitted a bid to buy 62 non-performing accounts worth Rs 4,300 crore from IL&FS subsidiary, IL&FS Financial Services (IFIN).
 
According to the Reserve

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Topics : IL&FS Bad loans Debt

First Published: Oct 22 2021 | 1:37 AM IST

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