Tag: eSAF
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ESAF Small Finance Financial institution Offloads ₹1,700 Crore in Dangerous Loans to ARC for Stability Sheet Restructuring
Kolkata: ESAF Small Finance Financial institution has determined to promote unhealthy loans to the tune of Rs 1700 crore to asset reconstruction firms in an effort to scrub the stability sheet. The unhealthy mortgage pool recognized for the sale consists of accounts which might be technically written off, the financial institution stated in a regulatory…
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ESAF Small Finance Financial institution Finalizes ₹1,700 Crore NPA Sale to ARC
ESAF Small Finance Financial institution on Friday stated its Board has authorized the sale of as much as ₹1,700 crore price of non-performing belongings and written-off loans to an Asset Reconstruction Firm (ARC). The pool carries an general provision protection of 94%, based on the alternate submitting. The Asset Sale Committee has been authorised to…
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Advancing eSAF: Topsoe Companions with Carbon Impartial Fuels
Danish electrolyser agency Topsoe and UK-based Carbon Impartial Fuels are partnering to advance eSAF utilizing strong oxide electrolyser cell (SOEC) know-how. Topsoe has been chosen to ship 120MW inexperienced energy for Carbon Impartial Fuels’ Mission Starling in Workington, UK, marking the primary industrial software of Topsoe’s SOEC know-how to be used in industrial SAF manufacturing. The…