Tag: ARCs

Introduction of bad bank can make existing ARCs more effective: RBI paper

Introduction of a bad bank may help “shape the operations” of the existing asset reconstruction companies (ARCs), an RBI paper said on Monday, noting that...

bad loans: RBI may set up task force soon: Rules for ARCs likely to be reviewed

In a move to activate the struggling market for bad loans, the rules for asset reconstruction companies (ARCs), which buy sticky assets from banks, may...

Sebi’s move to allow ‘defaulted’ debt trading a shot in arm for mutual funds

MUMBAI : Market regulator Sebi’s new framework which enables trading in defaulted debt is likely to create a distressed bond market in India potentially allowing...