The RBI Committee of ARCs invites the views and suggestions of stakeholders
Posted on Thursday 29th April, 2021 by Ankit
The RBI said on Wednesday that the Committee on Asset Reconstruction Companies (ARCs) has invited views and suggestions from market participants and other stakeholders. This comes after it was revealed by RBI that the current ARC industry has recorded a spectacular performance so far. The central bank on 7 April announced the formation of a committee headed by former ED (RBI), Sudarshan Sen, to review ARC’s work in the financial sector ecosystem.
Source: Financial ExpressEconomy