On Monday, 2025 stocks advanced, 1661 declined and 201 remained unchanged, with an advance decline ratio of 1.22 on the Bombay Stock Exchange (BSE), indicating a positive closing of stocks in broader markets. Strong results in the pharma and IT industries helped the Indian market start the week with modest gains. The market was cautious due to the upcoming release of inflation data and the RBI s monetary policy.
ARC executives find written-off assets particularly appealing as the number of sizeable bad loans awaiting recovery have dipped, thanks in part to banks’ persistent corrective measures, including selective targeting of corporate borrowers.
Reviving stranded power plants better than investing in new thermal capacity pv-magazine-india.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from pv-magazine-india.com Daily Mail and Mail on Sunday newspapers.
The asset reconstruction industry is set to clock the best growth this fiscal as their asset under management is expected to increase by almost 10 per cent to Rs 1.1 lakh crore, a report said on Thursday.
The 29-player ARC industry began its journey in the second half of 2002 and has since undergone radical regulatory changes and challenges.
National Asset Reconstruction Co. Ltd emerged top bidder for assets of Kolkata-based Srei Group after a lengthy auction process that ended past midnight