
Arcil acquires Ujjivan SFB’s stressed microfinance loans aggregating ₹365.5 crore for ₹34.26 crore
Asset Reconstruction Company (India) Ltd (Arcil) has acquired Ujjivan Small Finance Bank’s non-performing and written-off loans from its microfinance portfolio aggregating ₹365.5 crore for ₹34.26 crore. This translates into a steep 94 per cent haircut for …