Arcs

Quick Take | Retail security redemptions surge: What It means for banks, ARCs

The landscape of stressed asset resolution is evolving, with significant changes on the horizon for Asset Reconstruction Companies (ARCs). A projected shift in redemption rates could redefine recovery strategies and impact key stakeholders in the financial ecosystem

RBI raises minimum capital requirement for setting up ARCs to Rs 300 crore

The existing ARCs have been given a glide path to meet the minimum net owned fund (NOF) requirement till April 2026, the RBI said in a circular amending the existing regulatory framework for such entities.

RBI to seek feedback for additional framework on securitisation of stressed assets

Currently, only the Securitisation and Reconstruction of Financial Assets and Enforcement of Security Interest (SARFAESI) Act provides a framework for such securitisations by asset reconstruction companies (ARCs).

I-T investigating Rs 75,000 crore worth transactions by 4 ARCs: Report

The investigations include questioning the ARCs on allegedly passing on just 20 percent of the amount recovered from NPAs acquired from banks. The I-T Department had raided 60 premises linked to the four companies on December 8.

How to overhaul asset reconstruction companies? RBI paper has some answers

The design of the bad bank/ARC proposed by the government will be key to its success in resolving the NPA issue

Yes Bank in talks with ARCs to sell NPAs worth over Rs 32,000 crore: Report

The move comes after the private lender sold bonds held in DHFL to raise Rs 500 crore and reduce exposure to the troubled NBFC

Follow fair practices code, ask staff not to harass borrowers, RBI tells asset reconstruction companies

ARCs should ensure that Recovery Agents do not induce adoption of uncivilised, unlawful and questionable behaviour or recovery process, the central bank said.

SBI, Bank of Baroda, Dena, Andhra put up NPAs worth over Rs 7,500cr for sale

SBI, Bank of Baroda, Dena Bank and Andhra Bank will sell a large part of their NPAs to accounts undergoing resolution at various insolvency courts

Banks step up asset sale to ARCs as insolvency process gets delayed

The sale process also comes after the Supreme Court, last week, asked banks to not proceed with the insolvency process for assets in the power, shipping, textile and sugar sectors

Sale of bad loans slow down as ARCs bargain with banks over pricing

Bad loan sales to ARCs must be in 100% cash & interim funds can be provided: Arcil chief

In an exclusive interview with Moneycontrol's Beena Parmar, Bahuguna believes there should be a greater scope for new investors to enter and provide additional funding to companies under the IBC.

SBI puts up assets worth Rs 1,500 crore for sale

Kolkata-based Adhunik Power & Natural Resources Ltd is the largest account, where the bank is looking to sell loans worth Rs 807 crore and equity worth close to Rs 200 crore.

Bad bank only a short-term solution for NPAs, structural reforms needed: Macquarie

The Economic Survey of this year recommended a ‘bad bank’ to kickstart the resolution of non-performing loans in the banking industry. However, this is not a definite solution for the system, believes Suresh Ganpathy of Macquarie Capital Securities India.

Capital infusion in PSUs: Govt approves second tranche, tightens guidelines

The government will further infuse around Rs 8,000 crore into 10 weak public sector banks in the current fiscal as it needs to meet up with set targets for the current fiscal.

Foreign interest in stressed assets but framework needed: Moelis

Speaking to CNBC-TV18, Manisha Girotra of Moelis India said that India urgently needs capital and restructuring of stressed assets should be undertaken through any means possible.

Defaulters can't be given endless opportunities, warns Jaitley

Making a strong case for expeditious adjudication of debt recovery cases, Finance Minister Arun Jaitley today said the doctrine of natural justice of giving opportunity to defaulters to defend themselves need not be carried to an "unnatural extent".

Can sustain 27-30% credit growth over next few years: Yes Bank

Speaking to CNBC-TV18 after Yes Bank reported its quarterly earnings, MD and CEO Rana Kapoor says sectors like agri, renewable energy and small and medium enterprises (SME) are witnessing good credit growth.

Pricing, recovery scope to decide NPA sales to ARCs:Report

The report said in closed trusts, ARCs have recovered only 30 percent of the acquired principal in SME assets and nearly half of the acquired principal in large corporate assets.

SBI Q2 PAT seen up 16%; NII, loan growth likely to be tepid

According to average of estimates of analysts polled by CNBC-TV18, profit is seen rising 15.5 percent year-on-year to Rs 3,581 crore and net interest income may increase 6.21 percent to Rs 14,099 crore in July-September quarter.

See better asset quality in H2: State Bank of Travancore

The bank's slippages in the second quarter stood at Rs 775 crore, while it sold loans worth Rs 750 crore to Asset Reconstruction Companies (ARCs). Recoveries or upgrades for the period under review stood at Rs 520 crore

ARC sales one of the options to recover loans: SBI

Rajnish Kumar, MD of SBI, says the 5:25 scheme can also help reduce stress on banks. The 5:25 scheme allows banks to extend loans for a longer period of time for infrastructure projects, typically 20-25 years, in a bid to match cash flow of these projects. It can refinance them every 5 or 7 years.