RBI CONSTITUTES A COMMITTEE ON FUNCTIONING OF ASSET RECONSTRUCTION COMPANIES (ARCS) AND REVIEW OF REGULATORY GUIDELINES - RBI

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RBI CONSTITUTES A COMMITTEE ON FUNCTIONING OF ASSET RECONSTRUCTION COMPANIES (ARCS) AND REVIEW OF REGULATORY GUIDELINES - RBI

Updated on:19th Apr, 2021

As part of the Statement on Developmental and Regulatory Policies released along with the Monetary Policy Statement on April 7, 2021, the Reserve Bank of India had announced setting up of a Committee to undertake a comprehensive review of the working of ARCs in the financial sector ecosystem and recommend suitable measures for enabling such entities to meet the growing requirements of the financial sector. Accordingly, the Reserve Bank of India has constituted a Committee with the following composition:

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