ARCs News

Indian Banks Set for Rs 20k Crore Windfall as RBI Eases NPA Sale Rules to ARCs

India's public sector banks are poised for a Rs 20,000 crore earnings boost as the RBI allows profit booking on security receipts from bad loans sold to ARCs, with NARCL playing a ...

RBI Simplifies Settlement Process for ARCs with Defaulters: A New Era for Debt Recovery

The RBI has eased norms for ARCs to settle with defaulters, allowing for quicker recovery of bad debts. New policies simplify the process for smaller loans and delegate decision-ma...