The move could involve examining proposals like weaving the role of ARCs in the insolvency and bankruptcy code, letting them join hands with private equity and venture capital funds to recapitalise and ensure turnaround of a defaulting company, and making the provisioning levels by banks following sale of bad loans to an ARC more realistic.
from Latest Telecom News | Latest Telecom Industry News, Information and Update: ET Telecom : ETTelecom.com https://ift.tt/3sVuxRS
Sunday, April 4, 2021
RBI may set up task force soon: Rules for ARCs likely to be reviewed
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