RBI streamlines guidelines for ARC – borrower settlements
Borrowers with dues of more than Rs. 1 crore can settle their amount only after IACs evaluation.
asset reconstruction companies
Reserve Bank of India issues Master Direction to Asset Reconstruction Companies
Reserve Bank of India issues Master Direction to ensure prudent and efficient functioning of Asset Reconstruction Companies
RBI directs Asset Reconstruction Companies to reduce their management fees
On 20-2-2023, the Reserve Bank of India (‘RBI’) issued a circular on Implementation of Indian Accounting Standards (‘Ind AS’) to resolve the