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Yes Bank Plans for ARC, Invites EoIs from Investors

Yes Bank is planning to establish its own asset reconstruction company (ARC) resultant it has invited an. ....

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PNB Housing Finance shareholders okay appointments, reapppointments of directors

Among various passed resolutions were re-appointments of independent directors (IDs) Chandrasekaran Ramakrishnan and Nilesh S Vikamsey whose re-induction was red flagged by a proxy advisory firm earlier this month ....

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RBI committee on asset reconstruction companies invites views and suggestions from stakeholders

RBI committee on asset reconstruction companies invites views and suggestions from stakeholders
This panel was set up under the chairmanship of Sudarshan Sen, former executive director of the central bank
The RBI committee on asset reconstruction companies (ARCs), which will review the existing legal and regulatory framework applicable to these entities, has invited views and suggestions from stakeholders.
The suggestions can be given to the committee till May 31, 2021.
On April 19, the central bank had set up a committee to undertake a comprehensive review of the working of asset reconstruction companies in the financial sector ecosystem and recommend suitable measures to enable them to meet the growing requirements. ....

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RBI panel on ARCs invites views from market participants, other stakeholders

RBI panel on ARCs invites views from market participants, other stakeholders
The committee will review existing legal and regulatory framework applicable to ARCs and recommend measures to improve their efficacy. It ll also review the role of ARCs in resolution of stressed assets, including under IBC
BusinessToday.In | April 28, 2021 | Updated 15:13 IST
The panel will be headed by former RBI executive director Sudarshan Sen
The Reserve Bank of India (RBI) has said the committee on Asset Reconstruction Companies (ARCs) has invited views and suggestions from market participants and other stakeholders. The RBI on April 7 announced the setting up of a committee to undertake a comprehensive review of the working of ARCs in the financial sector ecosystem. ....

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RBI Committee on ARCs invites views, suggestions from stakeholders by May 31

RBI Committee on ARCs invites views, suggestions from stakeholders by May 31
indiatimes.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from indiatimes.com Daily Mail and Mail on Sunday newspapers.

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