ARC Business Model Shifts Gears as Recovery Income Overtakes Management Fees

India’s private asset reconstruction companies are undergoing a structural shift as recovery-linked income increasingly replaces management fees, supported by strong recoveries, falling acquisitions and a rise in cash transactions, according to Crisil Ratings.

Maharashtra Government Shuts Down MAHA ARC Limited, Its State-Owned Asset Reconstruction Company

The Maharashtra government has approved the closure of MAHA ARC Limited, its state-level asset reconstruction company, following RBI restrictions that prevented it from operating under SARFAESI Act norms.