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Private banks shun ARC route to offload bad assets

Last Updated: Sunday, April 27, 2014, 13:51

Even as the public sector banks have made a beeline to dispose of their bad loans to the asset reconstruction companies (ARCs) in the March quarter, private banks are not only unenthused in adopting this route, but have virtually shunned this.

SBI mulls selling bad assets to ARCs in Jan-Mar quarter

Last Updated: Saturday, March 08, 2014, 14:39

Country's largest bank SBI is considering partial sale of non-performing assets to asset reconstruction companies.

RBI allows asset reconstruction co to convert debt into equity

Last Updated: Thursday, January 23, 2014, 21:24

Reserve Bank on Thursday permitted asset reconstruction companies (ARCs) to convert debt of crisis- ridden companies into equities as part of restructuring process.

Chakrabarty lambasts ARCs for killing their own business

Last Updated: Sunday, November 17, 2013, 23:19

"ARCs have failed in our country because their pricing is the most non-transparent. Bring more transparency in the pricing," he said while speaking at the annual Bancon over the weekend here.

RBI hikes FDI cap in Asset Reconstruction Companies to 74%

Last Updated: Monday, August 19, 2013, 22:21

The Reserve Bank on Monday hiked the limit for foreign investment in Asset Reconstruction Companies (ARCs) to 74 percent from the earlier cap of 49 percent.

Foreign investment ceiling in ARCs raised to 74%

Last Updated: Friday, December 21, 2012, 21:17

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