Monday, April 26, 2021

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

It said banks supply non performing assets (NPAs) to the ARCs, hold shareholding in these entities and also lend to them, which makes it necessary to monitor if there is a "circuitous movement of funds between banks and these institutions (ARCs)".

from Banking/Finance-Industry-Economic Times https://ift.tt/3nnuFaJ

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