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India ARC: RBI issues Master Direction for Asset Reconstruction Companies

The Reserve Bank of India (RBI) issues Master Direction to Asset Reconstruction Companies (ARCs), critical for resolving stressed financial assets and improving the health of the financial system. The directive outlines requirements for ARCs, including minimum net owned fund, registration, investment limitations, capital adequacy, leadership tenure, and reporting of irregularities

India , Nirmala-sitharaman , Asset-reconstruction-companies , Asset-reconstruction-company , Union-budget , Indian-banks-association , Reserve-bank , Master-direction , Asset-reconstruction , Non-performing-assets , Whole-time-director , Finance-minister-nirmala-sitharaman

RBI Issues Master Direction for Asset Reconstruction Companies

RBI Issues Master Direction for Asset Reconstruction Companies
aninews.in - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from aninews.in Daily Mail and Mail on Sunday newspapers.

India , Mumbai , Maharashtra , Nirmala-sitharaman , Indian-banks-association , Union-budget , Asset-reconstruction-company , Asset-reconstruction-companies , Reserve-bank , Master-direction , Asset-reconstruction , Non-performing-assests

RBI tells ARCs to maintain ₹300 crore in net owned fund by FY26

RBI tells ARCs to maintain ₹300 crore in net owned fund by FY26
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India , Master-direction-for-asset-reconstruction-companies-arcs , Reserve-bank , Master-direction- , Asset-reconstruction-companies , Master-direction , Resolution-applicants ,

RBI gives 1-month breather to forex traders

RBI gives 1-month breather to forex traders
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India , Jamal-mecklai , Abhilash-koikkara , Foreign-exchange-management-act , Mecklai-financial-services , Reserve-bank , Master-direction ,

Heatwave | To keep close watch on vegetable prices amid IMD's prediction of high temperature condition, says Reserve Bank Governor Shaktikanta Das

Heatwave | To keep close watch on vegetable prices amid IMD's prediction of high temperature condition, says Reserve Bank Governor Shaktikanta Das
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India , T-rabi-sankar , Regulatory-organization , Central-bank-digital-currency , Bank-governor-shaktikanta-das-on , Indian-meteorological-department , Reserve-bank-governor-shaktikanta-das , Governor-md-patra , Master-direction , Deputy-governor-patra , Fintech-self-regulatory-organization , Deputy-governort-rabi-sankar

RBI Chief Says Banks, Nbfcs In Robust Health But Must Stay Alert

RBI Chief Says Banks, Nbfcs In Robust Health But Must Stay Alert
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Mumbai , Maharashtra , India , Shaktikanta-das , Regulations-review-authority , Reserve-bank , Internal-review-groups , Master-direction ,

RBI chief says banks, NBFCs in robust health but must stay alert

RBI Governor Shaktikanta Das said on Friday that the latest data as at end-December 2023 shows that the key indicators of capital and asset quality of scheduled commercial banks continued to be healthy, and financial indicators of non-banking ...

Mumbai , Maharashtra , India , Shaktikanta-das , Regulations-review-authority , Reserve-bank , Internal-review-groups , Master-direction ,

RBI issues clarification on currency derivatives circular, defers implementation to May 3

The RBI on Thursday issued a clarification on its exchange traded currency derivatives (ETCD) circular and has decided that these directions will now come into effect from May 3, 2024, instead of April 5 as was announced earlier.The RBI said ...

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