Gå ubegrenset med Magzter GOLD
Få ubegrenset tilgang til over 9000 magasiner, aviser og premiumhistorier for bare
ARCs may see consolidation
Financial Express Mumbai
|February 28, 2024
THE ASSET RECONSTRUCTION company (ARC) segment may see some consolidation going ahead, especially if the guidelines for the higher net owned fund requirement are implemented, Crisil Ratings said in a recent report.
-
In October 2022, RBI asked ARCs to increase their net owned funds to ₹200 crore by March 2024 and 300 crore by March 2025. While two ARCS have surrendered their licence following release of norn around 40% are still below the RBI's threshold, the report said.
"If the guideline for higher NOF requirement is implemented, it may lead to consolidation, as small ARCs may find it difficult to raise capital to fulfill this criteria," the report said, adding that big ARCs will grab a larger share of the stressed assets pie going ahead.
Denne historien er fra February 28, 2024-utgaven av Financial Express Mumbai.
Abonner på Magzter GOLD for å få tilgang til tusenvis av kuraterte premiumhistorier og over 9000 magasiner og aviser.
Allerede abonnent? Logg på
FLERE HISTORIER FRA Financial Express Mumbai
Financial Express Mumbai
'New labour codes a game changer, suited to economy'
THE FOUR NEW labour codes passed by Parliament are a game-changer and well suited to a dynamic economy, Labour and Employment Secretary Vandana Gurnani said on Friday.
1 min
December 20, 2025
Financial Express Mumbai
Strong debut for ICICI PruAMC
· Settles 19.5% above IPO price
1 min
December 20, 2025
Financial Express Mumbai
Indian green ventures to find a base in Oman
CERTAINTY OVER TARIFFS and liberal mobility commitments have made Oman an attractive base for Indian companies to service global markets in energy-intensive sectors such as green steel, green hydrogen and ammonia, Commerce and Industry Minister Piyush Goyal said on Friday.
2 mins
December 20, 2025
Financial Express Mumbai
'Capacity limit costs Mumbai the hub race'
Adani Airport Holdings (AAHL) has laid down the expansion plans for its airport business, but for Jeet Adani, director airports, the larger strategic context is Mumbai's missed opportunity to become India's primary global aviation hub.
2 mins
December 20, 2025
Financial Express Mumbai
Growing trade imbalances demand course correction
FRANCE'S PRESIDENT EMMANUEL
3 mins
December 20, 2025
Financial Express Mumbai
CAG flags gaps in skills scheme
Corrective action taken with tech,Aadhaar, says skills ministry
2 mins
December 20, 2025
Financial Express Mumbai
'English would not touch hearts in anti-elite era'
OVER THE YEARS, stand-up comedian Zakir Khan has broken ceilings and defied norms.
3 mins
December 20, 2025
Financial Express Mumbai
Transmission delays need holistic approach
I RECENTLY CAME across an article titled Transmission delays slow green push, published in The Financial Express, authored by Dhanendra Kumar, former Chairman of the Competition Commission of India, which primarily attributes transmission delays to Power Grid Corporation of India (POWERGRID).
5 mins
December 20, 2025
Financial Express Mumbai
Flipkart buys majority stake in Minivet AI
WALMART-OWNED FLIPKART has struck a deal to acquire a majority stake in Minivet AI, an AI and machine learning solutions provider, as the e-commerce major looks to strengthen its generative AI capabilities for visual and conversational commerce.
1 min
December 20, 2025
Financial Express Mumbai
Adani plans nuclear power foray
Aims to build eight 200-MW small modular reactors
2 mins
December 20, 2025
Listen
Translate
Change font size