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Edelweiss ARC to acquire education loan portfolio of Indian Overseas Bank at 60% discount : Rashtra News #Edelweiss #ARC #acquire #education #loan #portfolio #Indian #Overseas #Bank #discount Edelweiss Asset Reconstruction Company won a distressed education loan portfolio at a 60% discount from Indian Overseas Bank () at an auction last week, said people aware of
"We have received very good response from domestic investors including HNIs, pension funds, and family offices and have raised close to ₹500 crore in a very short time," said Abhinav Jain, MD-Performing Credit at Edelweiss Alternatives.