Aditya Birla Asset Reconstruction Company to wind down India operations
Fri, Nov 1, 2024 9:55 AM

Aditya Birla Asset Reconstruction Company to wind down India operations

A Flip by Avya Verma
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Aditya Birla Asset Reconstruction Company is winding down its India operations, marking the latest exit of a fund-backed ARC from the country, as non-performing loans hit a 12-year low due to the Insolvency and Bankruptcy Code and the rise of the government-backed National Asset Reconstruction Company.

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