The Reserve Bank of India (“RBI”) based on the recommendation of a committee has reviewed the existing regulatory regime applicable to asset reconstruction companies (“ARCs”) and amended the regulatory framework (“Framework”) on October 11, 2022. The Framework has introduced certain important measures and has amended certain existing guidelines with an aim to increase the transparency and efficiency of these institutions.
To read further details, click here or refer to the below document.
For more details, please contact [email protected]
*In case the document is not visible on the device you are using, please click the link above.
