RBI now allows ARCs to hold more than 26% shares
By Mayank Agarwal ( finserv@vinodkothari.com ) Introduction The ever-increasing volume of Non-Performing Assets has paralyzed the Indian banking sector, with the gross NPA figures reported to be around Rs. 8.4 lakh crores at the end of September 2017.[1] Forming around 12% of the total banking advances, the distressed Indian banking situation should have provided the Indian […]