Arcil: Arcil among investors eyeing IDBI bad loans
Around twelve investors, including Asset Reconstruction Company India (Arcil), Aditya Birla ARC, Invent ARC, Omkara ARC, ASREC, UV ARC, Alchemist ARC, Phoenix ARC, and Prudent ARC, have shown preliminary interest in acquiring IDBI Bank's bad loans amounting to ₹8,842 crore. These distressed assets span 12 accounts, including VOVL, Jaiprakash Associates, and Wind World India.
Source: indiatimes.com