2016
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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Axis Bank
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HDFC Bank
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IDBI Bank
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ICICI Bank
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Detailed explanation-1: -About Asset Reconstruction Companies ASREC (India) Limited. Reliance Asset Reconstruction Company Limited. India SME Asset Reconstruction Company Limited (ISARC) International Asset Reconstruction Company Private Limited; and more.
Detailed explanation-2: -India’s first ARC was a company named ARCIL, which has been a leader and a pioneer in this field, having established industry standards for the rest of the market to follow.
Detailed explanation-3: -Apollo Global Management, Inc. is an American global private-equity firm.
Detailed explanation-4: -ASREC is a securitization company carrying out activities under Securitization and Reconstruction of Financial Assets and Enforcement of Security Interest Act 2002.