Sunday, November 17, 2024

BANKING

Piramal Enterprises Ltd and Bain Capital Credit have relinquished their license for India Resurgence Asset Reconstruction Company to the Reserve Bank of India. Regulatory obstacles and a shrinking pool of distressed assets have made the ARC business less appealing, leading to increased exits from the market.

from Banking/Finance-Industry-Economic Times https://ift.tt/ECQo6zP
via IFTTT

No comments:

Post a Comment