Phoenix ARC gets interest from 8-9 ARCs for Rs 3,550 cr retail NPAs sale
Source: Business Standard 2 min read Last Updated : Sep 17 2024 | 6:37 PM IST Phoenix ARC has received expressions of interest (EoIs) from 8-9 asset reconstruction companies (ARCs) to acquire its Rs 3,550 crore of retail non-performing assets (NPAs), comprising secured and unsecured portfolios as a single lot, that were put up…