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    • EXCLUSIVE: Banks' stressed loan sale weak despite recognition: ARCIL CEO

      Sale of stressed assets has fallen sharply in FY17, despite improved recognition by banks. Vinayak Bahuguna, CEO of ARCIL, the country‘s largest asset reconstruction company, in an exclusive interview with Malini Bhupta explains why banks are not willing to sell down their stressed assets and what can be done.

    • Arcil targets comeback through mid-cap deals, fundraising

      Country's oldest asset reconstruction company Arcil has blamed an "overheated market" for its slow pace of snapping up bad assets in recent years, but asserted that it will regain its past eminence by focusing on mid-cap deals and undertake a fundraising exercise this fiscal.

    • Union Budget 2016-17: ARCs hail move to open up sector to foreign investment

      "With more capital coming in, we will also be able to have meaningful discussions with banks to resolve bad loans," the company's Managing Director and Chief Executive Vinayak Bahuguna told PTI.

    • Arcil set to take over Abhijeet Group's Jharkhand power unit

      The Abhijeet Group was setting up an 1100 MW coal-based power plant, Corporate Power, in Jharkhand, but could not complete it and also failed to service its loans.

    • New Bankruptcy Code: Will It Work?

      New Bankruptcy Code: Will It Work?

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