India’s Asset Reconstruction Co explores fee-based recovery agent services pre-IPO
India’s first asset reconstruction company is exploring fee-based businesses, including acting as a recovery and collection agent for lenders, as it looks for growth avenues ahead of its planned IPO next week, CEO said.
By Gopika Gopakumar and Bharath RajeswaranIndia's first asset reconstruction company is exploring fee-based businesses, including acting as a recovery and collection agent for lenders, as it looks for new growth avenues ahead of its planned IPO next week, its chief executive said.Asset Reconstructi…