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Top News In Avenue Capital Backed Today - Breaking & Trending Today

bandhan bank arcil deal: Bandhan bank to sell Rs 775 cr home loans to Arcil

Bandhan Bank is selling its affordable home loan portfolio to Avenue Capital-backed Asset Reconstruction Company India (Arcil) for ₹280 crore in an all-cash deal. The transaction highlights the stress in lower-income groups, where customers are unable to pay ₹10-12 lakh loans taken to buy their homes. ....

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Press Up: Industry undercurrents buffet the restaurant-bar-hotel leviathan

Paddy McKillen jnr and Matt Ryan’s rapid expansion expected to slow amid economic pressures ....

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ARCIL bids for YesBank bad loan

Asset Reconstruction Co. of India has emerged as the single challenger bidder to acquire Yes Bank’s ₹48,000 crore bad loan portfolio, two people aware of the matter said. The Avenue Capital-backed ARC has also tied up with private equity firm Cerberus Capital to finance the bid ....

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