ARCs can play major role in resolution process: Siby Antony, Edelweiss ARC
  • WebDesk BTVI
  • Jun 04 2019

Siby Antony, MD & CEO of Edelweiss ARC, says liquidation is a cause of concern as under this process, asset sale becomes difficult. He says ARCs can play major role in resolution process of companies and significantly reduce haircuts taken by banks. He also adds that in case resolution is not found, ARCs should get a three-month window to acquire the same.