There has to be an alignment of interest, says Arcil's Vinayak Bahuguna

'Banks form the majority of the lenders, and it would appear that they will push through whatever they think is fit for themselves and not necessarily for everybody else, he says

The Asset Reconstruction Company of India (Arcil) has resolved over Rs 78,000 crore worth of non-performing assets acquired from banks and financial institutions. The country’s first asset reconstruction company (ARC), set up in 2002, feels that entities like it will come into sharper focus in the days ahead. Vinayak Bahuguna, chief executive officer (CEO) and managing director (MD), spoke to Raghu Mohan. Edited excerpts:

On the lack of transfers to asset reconstruction companies (ARCs) of late

I am aware of the Central Bank of India having put up some portfolio for sale, which we are examining. But that apart, there