RBI deputy governor urges ARCs to implement revised framework, says failure may lead to strict action moneycontrol.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from moneycontrol.com Daily Mail and Mail on Sunday newspapers.
The Reserve Bank of India (RBI) will meet top executives of asset reconstruction companies (ARCs) on Friday to take stock of the sector.
During the meeting, ARCs will also seek clarity from the regulator on bank borrowing.
While there is no regulatory ban in place, ARC sources said banks often refuse funding.
Soon after Hamro Momo, Tibetan Delight was launched. This shop, despite its location deep inside an alley around Suburban Hospital Road, caught the sun because of its simple, authentic and pocket-friendly menu.
IBA sets up 5-member group to implement RBI committee's recommendations on ARCs thehindubusinessline.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from thehindubusinessline.com Daily Mail and Mail on Sunday newspapers.