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Reserve Bank of India

29 May 2024

RBI Warns ARCs Over Evergreening Distressed Assets

The RBI Deputy Governor urged ARC chiefs to adopt a regulation-plus approach where you not only comply with the letter of the regulation but also its spirit.

07 Jul 2016

NPA sales down to a trickle of just 2% of total bad loans

Notwithstanding rising bad loan problems in the system, sale of stressed assets to asset reconstruction companies (ARCs) in 2015-16 was only a trickle of the NPA mount at 2 per cent of the total of nearly Rs 5.8 trillion, which is down a whopping 20 percent from previous year, says a report.

18 Jan 2016

RBI top brass discusses NPA issues with bankers, ARCs

Reserve Bank Governor Raghuram Rajan and other top RBI officials met bankers, representatives of asset reconstruction companies and NBFCs Monday to discuss effectiveness of distressed assets resolution mechanism and sought their suggestions to make it more efficient.

15 Dec 2014

ARC gives India sovereign rating of BBB+ with +ve outlook

It also assigned a foreign currency country ceiling of A- and a local currency country ceiling of A to the country.

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