Asset reconstruction companies hire specialised loan collection agents

January 6, 2025

Asset reconstruction companies are hiring specialised collection agencies to recover unsecured retail loans as stress in this segment increases. ARCs are prompted by the need to use external infrastructure and banking guidelines. A push towards professionalisation in loan recovery is underway.

More To Explore

Jefferies views IndiGo as unique and strong franchise, raises target price to Rs 5,260

The IndiGo stock has underperformed following a significant miss in the company’s 2Q results, driven by higher costs impacting profitability. However, Jefferies expects cost normalization

January 9, 2025

Tech View: Nifty faces resistance at 200-DSMA; staying below 23,930 may signal more downside.How to trade on Friday

According to Hrishikesh Yedve of Asit C. Mehta Investment Intermediates, if the Nifty sustains above 23,460, a short-term pullback toward 23,800-23,900 is likely. However, resistance

January 9, 2025

Advertiser Disclosure

Great-investor.com helps users across the globe to find out The latest news, Guides, and Info about finance and investments. Furthermore, our content and research teams do not participate in any advertising planning nor are they permitted access to advertising campaign data.

Disclaimer

It is our organization’s primary mission to provide reviews, commentary, and analysis that are unbiased and objective. While great-investor.com has some data verified by industry participants, it can vary from time to time. Operating as an online business, this site may be compensated through third party advertisers. Our receipt of such compensation shall not be construed as an endorsement or recommendation by great-investor.com, nor shall it bias our reviews, analysis, and opinions. Please see our General Disclaimers for more information

Top10 International FZ LLE | 17th Floor, Creative Tower | 4422 | Fujairah | TRN: 100608946800003