Moneycontrol PRO
you are here: HomeNewsOpinion

How to overhaul asset reconstruction companies? RBI paper has some answers

The design of the bad bank/ARC proposed by the government will be key to its success in resolving the NPA issue

April 28, 2021 / 01:32 PM IST
How to overhaul asset reconstruction companies? RBI paper has some answers

Asset reconstruction companies (ARCs) have been around for close to two decades in India. Yet, their success has been ‘modest’ to use Viral Acharya’s words, or,  to quote governor Shaktikanta Das, their potential is “yet to be fully realised.” According to a Reserve Bank of India staff paper, the assets under management of these ARCs is less than 10 percent of the gross bad loans of banks and non-bank finance companies. Despite there being close to 30 ARCs, about 62...

  • PRO Panorama

    Moneycontrol Pro Panorama | Will September earnings catch up with valuations?

    Oct 14, 2021 / 03:45 PM IST

    In today’s edition of Moneycontrol Pro Panorama: Earnings kick into high gear, road ahead for Zee, the pharma halo, IDBI Bank shines more, Facebook in the crosshairs, China and investment maths, and more

    Read Now

To read the full story, Subscribe to Moneycontrol PRO

Access the exclusive stories, weekly investment ideas and daily technical calls in an Ad free experience

Already a member? Sign in

Limited Period offer on Moneycontrol PRO. Subscribe to PRO and get up to

50% OFF

What Do You Get

  • Ad free experience

    Experience a non-intrusive navigation and faster response in the ad free mode

  • Sharpest Opinions

    Access to 230+ exclusive stories per month from our editorial and Experts

  • +

    Have a Global edge with access to content from world renowned experts and journalist

  • Actionable Insights

    Access to 40+ weekly investment ideas including 4 daily technical calls

  • Virtual Events

    Exclusive access to live webinars from market experts on trading and investment strategies

  • Newsletters

    Daily and weekly insights bundled and sent to your inbox to keep you ahead in the race.

Get upto 50% discount on limited period offers