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Mumbai: The country’s oldest bad loan company, IPO-bound Arcil (Asset Reconstruction Company of India) , gives an insight into the future of loan recovery for retail loans in its offer document filed with Sebi.The company has said it is setting up a digital platform that will allow defaulting retail borrowers to submit settlement offers and receive instant acceptance, eliminating the …
Read More »IPO-bound Arcil eyes retail loans as corp NPAs dry up – Times of India
