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 in

Announcements and dividends declared by Asset Reconstruction Company ( 544921

Yes Bank says no to National Asset Reconstruction Company, says will pursue own NPA aggregator
At the same time the bank is still pursuing its objective of a majority owned asset reconstruction company (ARC) and is waiting for the new set of guidelines from the Reserve Bank of India (RBI) said CEO Prashant Kumar said. RBI has refused Yes Bank permis
Announcement as on 02 May 2021

Indian Bank to divest stake in asset reconstruction JV ASREC India
State-owned Indian Bank on Friday said it will divest stake in joint venture entity ASREC (India) Ltd as part of asset monetisation exercise. The bank holds a 38.26 per cent stake in ASREC (India) Ltd. As part of the monetisation of the bank's non-core ass
Announcement as on 06 March 2021

Yes Bank CEO says foreign firms keen to invest in proposed asset reconstruction arm
"There has been lot of interest from foreign investors for our ARC business. We are likely to put in initial capital of 10 billion rupees while the foreign investor will put in nearly 25 billion rupees," Prashant Kumar, CEO of Yes Bank, told Reuters in an
Announcement as on 10 February 2021

Budget: FM announces asset reconstruction and management company for real estate NPAs
In August, the Reserve Bank of India’s announced a one-time restructuring term loans with up to 2 years moratorium, without classifying them as non-performing assets (NPAs), based on the recommendation of the expert committee steered by KV Kamath.
Announcement as on 01 February 2021

Asset reconstruction company may only give banks respite from toxic debt flood
Finance Minister Nirmala Sitharaman has proposed creating an asset reconstruction company (ARC) for India's bad-debt laden lenders to offload soured assets, which some analysts estimate now total 0 billion.
Announcement as on 01 February 2021

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