The Reserve Bank of India’s tightening of norms for asset reconstruction companies (ARCs) to buy bad loans may lead to a drop in the number of deals but could improve market-related pricing, industry observers say. The central bank last week barred ARCs from acquiring non-performing assets in a bilateral deal from ......
How RBI’s new norms for ARCs may affect the bad-loan market
By Beena Parmar
- 09 Dec 2019