A security guard stands at the gate of the Reserve Bank of India (RBI) headquarters in New Delhi, India. (Photographer: Anindito Mukherjee/Bloomberg)

RBI Eases Debt Conversion Norms For Asset Reconstruction Firms

Asset reconstruction companies will be exempted from a previous rule that barred them from holding more than 26 percent stake in a borrower company after conversion of its debt into equity. But onl...

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