
Smaller ARCs may jump on the IPO bandwagon to meet ₹300 crore minimum NOF criteria
With the Reserve Bank of India (RBI) recently clearing the decks for Asset Reconstruction Companies (ARCs) to raise equity via initial public offering (IPO), the smaller entities among them may be the first off the starting block to tap the capital market. The option to go public comes at an opportune time as they will...
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