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.
NSE IFSC-SGX Connect may be fully operational by June https://ift.tt/XC89Iks this connectivity, global investors who are clients of SGX will be able to trade in Indian derivatives market remotely without having to set up a shop in India. Currently, only a few trades are being executed through the route.
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