RBI proposes new route for offloading bad loans
MUMBAI: RBI has proposed a new route for banks and NBFCs to dump bad loans, permitting them to bundle and promote pressured property on to buyers via particular function entities
All posts tagged in asset reconstruction companies
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Sebi allows small finance companies to invest in bad debt securities
MUMBAI: Markets regulator Sebi has eased norms for safety receipts – issued by asset reconstruction companies (ARCs) to handle bad loans – by permitting smaller finance companies to invest in
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