Top Bad-Debt Buyer Edelweiss To Focus On Soured Consumer Loans: Report

Top Bad-Debt Buyer Edelweiss To Focus On Soured Consumer Loans: Report

Edelweiss Asset Reconstruction Co. is setting up a team for that and seeks to start purchases in 2019, Chief Executive Officer Raj Kumar Bansal said.

Corporates | (c) 2018 Bloomberg | | Updated: December 03, 2018 10:55 IST
Top Bad-Debt Buyer Edelweiss To Focus On Soured Consumer Loans: Report

Edelweiss is setting up 20-member team to buy, recover soured consumer credit, Mr Bansal said.