On Monday, the Reserve Bank of India (RBI) formed a committee to assess the position of asset reconstruction companies (ARCs) in stressed debt resolution, and to study their business model. The panel is expected to submit its report three months after its initial meeting. The six-member panel is led by former RBI executive director Sudarshan […]
Tag Archives: RBI sets up panel to review ARCs working
On Monday, the Reserve Bank of India (RBI) formed a committee to assess the position of asset reconstruction companies (ARCs) in stressed debt resolution, and to study their business model. The panel is expected to submit its report three months after its initial meeting. The six-member panel is led by former RBI executive director Sudarshan […]