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Searched Tag: asset reconstruction companies arcs
June 20, 2026, 05:15 PM - 3 min read
A bench of Chief Justice of India Surya Kant and Justice V Mohana was hearing a plea alleging irregularities in the settlement of loans extended to a company by a consortium led by State Bank of India. The Court observed that there appeared to be a "deep-rooted nexus between borrowers, ARC and banker.
Read moreMay 29, 2024, 03:11 PM - 2 min read
RBI Deputy Governor Swaminathan J warned Asset Reconstruction Companies (ARCs) against regulatory violations and urged them to adopt a regulation-plus approach, emphasising the need for strong governance and ethics to effectively address stressed assets.
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