544921 announcements Asset Reconstruction Company ( announcements and dividends declared BSE
Asset Reconstruction Company ( Complete list of announcements declared & dividend announcements by Asset Reconstruction Company ( 544921
Asset Reconstruction Company ( 544921 listed on BSE and deals inAnnouncements and dividends declared by Asset Reconstruction Company ( 544921
Settlement with borrowers only after exhausting all options: RBI to Asset Reconstruction Companies
Mumbai, The Reserve Bank revised guidelines for Asset Reconstruction Companies (ARCs) stipulating that settlements with borrowers occur only after exploring all recovery options. ARCs must have a board-approved policy detailing settlement processes, which
Announcement as on 20 January 2025
Asset Reconstruction Companies seek nod to tap capital markets for equity
Asset Reconstruction Companies (ARCs) in India seek the Reserve Bank of India's intervention for permission to raise equity capital from the market. This move aims to enhance their liquidity and net worth, as they face competition from National Asset Recon
Announcement as on 17 January 2025
Asset reconstruction companies hire specialised loan collection agents
Asset reconstruction companies are hiring specialised collection agencies to recover unsecured retail loans as stress in this segment increases. ARCs are prompted by the need to use external infrastructure and banking guidelines. A push towards professiona
Announcement as on 06 January 2025
Ujjivan Small Finance Bank to sell Rs 270 crore in bad loans to asset reconstruction firms
Ujjivan Small Finance Bank is taking steps to improve its financial health by selling off Rs 270 crore in bad loans, primarily from its microfinance portfolio. This decision was made after the bank's asset quality declined, with its gross non-performing as
Announcement as on 18 November 2024
RBI asks asset reconstruction firms to standardise credit bureau reporting
The Reserve Bank of India has been publicly asking supervised entities to ensure compliance with norms and that consumer interest is protected
Announcement as on 10 October 2024
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