ARCs acquire Rs 1.14 trillion worth of dues in April-December 2024

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ARCs acquire Rs 1.14 trillion worth of dues in April-December 2024 - Business Standard

Quick Summary:

The higher share of retail and low-vintage assets, along with lower growth in new acquisitions compared to incremental recoveries, would also aid performance.

The cumulative recovery rate on SRs is estimated at 65–70 per cent for the current financial year.

This increased the share of retail to 21 per cent at the end of December 2024.