‘ARCs lack capital, operational heft to revive stressed assets meaningfully’
Anita Shah, Joint Secretary at the Ministry of Corporate Affairs, has underscored the need for a calibrated strategy to address...
Day: March 31, 2025
RBI revises norms for govt-guaranteed security receipts issued by ARCs
Banks and financial institutions transferring stressed loans to ARCs can now reverse excess provisions to their Profit & Loss (P&L)...