Settlement With Borrowers Only After Exhausting All Options, RBI Tells ARCs

The RBI on Monday modified guidelines related to Asset Reconstruction Companies (ARCs), envisaging that settlement with the borrower should be undertaken only after all possible ways to recover dues have been examined.

Jan 21, 2025 - 10:30
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Settlement With Borrowers Only After Exhausting All Options, RBI Tells ARCs
The RBI on Monday modified guidelines related to Asset Reconstruction Companies (ARCs), envisaging that settlement with the borrower should be undertaken only after all possible ways to recover dues have been examined.

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Subhashree Hi, This is Subhi. Welcome to my blog! I love to keep up with the latest news in healthcare, technology and media. Here you will find insightful articles that inform and interest you about the world around you. Join me as I drift between health and technology, and stay up-to-date!