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RBI may allow change in trusteeship of ARCs

RBI may allow change in trusteeship of ARCs
financialexpress.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from financialexpress.com Daily Mail and Mail on Sunday newspapers.

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Some asset reconstruction companies bypassing norms, lack transparency: RBI

Reserve Bank Deputy Governor Swaminathan J has expressed concern over the increasing regulatory violations and warned Asset Reconstruction Companies (ARCs). ....

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Adopt regulation plus approach; comply with regulation in letter and spirit: RBI DG to ARCs

Adopt regulation plus approach; comply with regulation in letter and spirit: RBI DG to ARCs
dailyexcelsior.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from dailyexcelsior.com Daily Mail and Mail on Sunday newspapers.

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RBI warns ARCs over evergreening distressed assets

The RBI has found several instances of Asset Reconstruction Companies, which have been set up to recover NPAs of banks, not fulfilling their role but instead using innovative ways to structure transactions in order to circumvent regulations.The . ....

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RBI Warns ARCs Over Evergreening Distressed Assets

The RBI Deputy Governor urged ARC chiefs to adopt a regulation-plus approach where you not only comply with the letter of the regulation but also its spirit. ....

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