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Private ARCs' AUM may drop 4-6%

The New Indian Express Kollam

|

July 11, 2025

ASSET reconstruction companies in the private sector space are looking at further fall in their assets under management as measured by security receipts outstanding, to the tune of 4-6% to ₹1.05 lakh crore this fiscal after a steeper 15% slide last fiscal as redemption far outpace new asset acquisitions.

- ENS ECONOMIC BUREAU @ Mumbai

Ever since the bankruptcy code got traction among lenders, private ARCs have been facing a bleak future and have moved to managing the bad loan piles in the retail loan space as large corporate loan NPAs were going to the NCLTs. P

FLERE HISTORIER FRA The New Indian Express Kollam

The New Indian Express Kollam

The New Indian Express Kollam

A RIVER REMEMBERS: MEANDERING MEMORY OF WATER

BENEATH the calm surface of a river lies an ancient intelligence — one that remembers every bend, flood, and wandering path it has ever carved through the Earth.

time to read

2 mins

October 22, 2025

The New Indian Express Kollam

10 months on, NMC yet to act against 30 docs for 'sponsored' foreign trips

THE National Medical Commission (NMC) is yet to take any action against 30 doctors who accepted free trips to Monaco and Paris worth ₹1.91 crore last year, despite the Department of Pharmaceuticals (DoP) recommendations that action should be taken against them for violating professional misconduct.

time to read

1 mins

October 22, 2025

The New Indian Express Kollam

The New Indian Express Kollam

MP uses chopper-driven technique to protect crops from blackbucks

THE Madhya Pradesh forest department has initiated a helicopter-driven boma technique to capture herds of blackbucks and neelgais and shift them to wildlife sanctuaries and tiger reserves of the state.

time to read

1 mins

October 22, 2025

The New Indian Express Kollam

Price rise no deterrent, temples glitter in gold offerings

EVEN AS gold prices surge to record highs, Kerala's temples continue to glitter with the devotion of followers.

time to read

1 mins

October 22, 2025

The New Indian Express Kollam

The New Indian Express Kollam

7 Punjab youths duped in Kazakhstan, appeal for help

SEVEN young men from Punjab’s Ropar district are stranded in Kazakhstan after a local travel agent allegedly duped them by promising high-paying jobs as drivers.

time to read

1 mins

October 22, 2025

The New Indian Express Kollam

Adding caution to traffic lights

GARRETT MORGAN

time to read

1 mins

October 22, 2025

The New Indian Express Kollam

The New Indian Express Kollam

Speaker appoints lawyer to assist panel probing Justice Varma graft case

LOK Sabha Speaker Om Birla has appointed advocate Karan Umesh Salvi as a consultant to assist the judges’ inquiry committee investigating allegations of corruption against Justice Yashwant Varma.

time to read

1 min

October 22, 2025

The New Indian Express Kollam

Post-Diwali air quality in Delhi worst in 4 years

Revellers flouted time limit for firecrackers

time to read

1 mins

October 22, 2025

The New Indian Express Kollam

Relief as $1L H-1B fee does not apply to US visa holders

A month after US President Donald Trump’s proclamation jacking up the fee for H1-B visas to a steep $100,000 caused panic among international students and professionals, the US government has now clarified that the fee won’t apply to most current visa holders and recent international graduates.

time to read

1 min

October 22, 2025

The New Indian Express Kollam

WASTE LAND: A NATION OF LANDFILLS

SOME years ago, I was editing a newspaper in Mumbai and we ran a report on the city’s eternal garbage problem.

time to read

3 mins

October 22, 2025

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