Asset Reconstruction Companies Current Affairs, GK & News
The Reserve Bank of India (RBI) has permitted Asset Reconstruction Companies (ARCs) to acquire financial assets from peers i.e. other such entities. However, RBI, the apex banking regulator cleared that all such transactions have to be settled in cash. Key Highlights The ARCs have been allowed to acquire financial assets from other ARCs, in the ..
Month: Current Affairs - June, 2019
Category: Economy & Banking Current Affairs