Kotak Bank-backed ARC acquires Rs 1,470-cr loan portfolio from L&T Finance | Economic Times - Jobs World

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Thursday, July 14, 2022

Kotak Bank-backed ARC acquires Rs 1,470-cr loan portfolio from L&T Finance | Economic Times

Kotak Bank-backed ARC acquires Rs 1,470-cr loan portfolio from L&T Finance https://ift.tt/m7FSrPh Finance sold the portfolio of four accounts for ₹980 crore, equating to a recovery of nearly 66%, the people cited above said. The other two accounts are C&C Construction, an engineering, procurement and construction company, and Sky One Corporate Park, a realty developer.

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