Wed, May 29, 2024
Addressing a conference attended by top management of ARCs in the country on May 17, he said, "I would urge you all to adopt a regulation plus approach where you not only comply with the letter of the regulation but also its spirit." Very often, he said, "We get representations to our observations stating this is industry practice or clarifications are pending from the RBI. Sometimes there are incorrect or intelligent interpretations of the circulars."
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Wed, Apr 24, 2024
The Reserve Bank of India (RBI) has issued Master Direction to the Asset Reconstruction Companiesso that financial instituitions can clean up their balance sheets.
Fri, Aug 26, 2022
The last date of submission of expression of interest is August 31, 2022 while the due diligence is to be completed by September 7, said the lender.
Sun, Mar 20, 2022
In various notices on its website, State Bank of India (SBI) has put up a total of 12 bad assets for sale during this month to April 13.
Tue, May 10, 2016
The bill is a watershed reform that will structurally strengthen the identification and resolution of insolvencies in India, Crisil said.
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