L&T Finance, L&T Infra Credit sell Rs 1,827-cr loan to Arcil
Mumbai: L&T Finance and subsidiary L&T Infra Credit jointly sold ₹1,827.5 crore of distressed loans to Avenue Capital-backed Asset Reconstruction Company of India (Arcil) this week,…
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Cerberus ties up with ARCION for Yes Bank’s NPAs
Mumbai: In a move to beat JC Flowers, Cerberus Capital has struck a deal with an asset reconstruction company in the bitterly fought chase to grab ₹48,000 crore stressed assets of Yes Bank.…
Piramal Capital close to sale of Rs 4300 crore stressed loans
Mumbai: Piramal Capital and Housing Finance is set to sell over ₹4,300-crore distressed asset portfolio to asset reconstruction company IndiaRF ARC in one of the most extensive clean-ups in…