The ARCs have recently made a pitch to the Reserve Bank of India (RBI) to let wealthy investors subscribe to and trade in ‘security receipts’ (SRs) which are issued by ARCs to part-pay for loan portfolios bought from banks. These receipts are closest to ‘junk bonds’ in the emerging Indian financial market for stressed loans.
Workspace solutions provider IndiQube files DRHP for Rs 850 crore IPO
IndiQube Spaces has filed for an IPO to raise Rs 850 crore. This includes a fresh equity sale of Rs 750 crore and an offer