Edelweiss Arc

RBI's revised ARC norms improve governance; may shake up industry

Three players -- JM Financial ARC, Edelweiss ARC, and ARCIL -- have a dominant presence in the sector with a sound capital base and management bandwidth

NARCL revises CEO Natarajan Sundar's salary to market rates: Report

In a bid to attract experienced talent, the National Asset Reconstruction Co Ltd (NARCL) has increased the total remuneration of its chief executive, Natarajan Sundar to Rs 1.7 crore

Edelweiss ARC plans to deploy Rs 1,200 crore to acquire bad loans

With improving business environment, it has pegged recoveries to between Rs 5,000 crore and Rs 6,000 crore in FY23. Its assets under management (AUM) stood at Rs 40,251 crore at the end of March 2022

Corporate affairs ministry investigates irregularities at Edelweiss ARC

Its shares were locked in the 5 per cent lower circuit on the BSE on Thursday at Rs 80.20 following reports of the probe

Enforcement Directorate examines Edelweiss ARC investment in Kohinoor group

The IL&FS group has made loan and equity investment to the tune of Rs 1,000 crore in Kohinoor for development purposes

Edelweiss ARC to raise Rs 500 cr via debentures

The assets under management stood at Rs 41,680 crore

Edelweiss ARC moves NCLAT against Synergies Dooray

NCLAT has admitted Edelweiss ARC's appeal

Edelweiss ARC builds war chest to shop for NPAs

Plans to invest Rs 12,000-13,000 crore over the next two-three years

Edelweiss ARC buys Essar Steel loans from Axis Bank

Four private banks, including ICICI Bank, Federal Bank, had sold part of their exposure to Essar group entities to a Edelweiss group entity