Dharani Sugars bid puts ARCs on par with NARCL https://ift.tt/e3FJvQh asset reconstruction companies (ARCs) in India are now on an equal footing with the government-owned bad bank NARCL. This comes after private ARCs sought clarification on how to compute the net present value (NPV) based on the initial bid of ₹235.9 crore in the Dharani Sugars case. Banks responded by stating that the comparison value remains ₹235.9 crore, regardless of the payment structure. This allows private ARCs to value their bid at ₹235.9 crore on an all-cash basis or ₹331 crore using a cash to security receipt structure.
Sunday, September 17, 2023
Dharani Sugars bid puts ARCs on par with NARCL
Subscribe to:
Post Comments (Atom)
-
Jeffersonville, OH - Join our 100% Owner Operator Fleet today! If you're tired of uncertain work, if fuel prices are killing your profit...
-
Genesis HealthCare - Florence, KY - Offering $2000 Sign On Bonuses for Full Time LPNs! Now Under New Leadership! Now offering OnShift! Acces...
-
Amid demands to defer the Bihar assembly elections due to Covid-19, Chief Election Commissioner Sunil Arora says all necessary preparations ...
No comments:
Post a Comment