RBI Asks ARCs To Adopt Fair Practices Code To Bring Transparency To Loan Sales
A pedestrian walks past the Reserve Bank of India (RBI) building in Mumbai, India. (Photographer: Kanishka Sonthalia/Bloomberg)

RBI Asks ARCs To Adopt Fair Practices Code To Bring Transparency To Loan Sales

The Reserve Bank of India has tightened rules for Asset Reconstruction Companies, asking them to adopt a ‘fair practices code’. The code could make it tougher for ARCs to conduct private sales and ...
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