RBI Committee on ARCs invites views, suggestions from stakeholders by May 31 – News 24-7 Live News 24-7 Live
RBI Committee on ARCs invites views, suggestions from stakeholders by May 31

RBI Committee on ARCs invites views, suggestions from stakeholders by May 31

The RBI Committee on Asset Reconstruction Companies, which will review the existing legal and regulatory framework applicable to ARCs, on Wednesday invited views and suggestions from stakeholders. The suggestions could be given to the committee till May 31, 2021.

On April 19, RBI had set up a committee to undertake a comprehensive review of the working of asset reconstruction companies (ARCs) in the financial sector ecosystem and recommend suitable measures for enabling them to meet the growing requirements.

News Source: financialexpress

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