Committee on Asset Reconstruction Companies invites views and suggestions from stakeholders - ಆರ್ಬಿಐ - Reserve Bank of India
Committee on Asset Reconstruction Companies invites views and suggestions from stakeholders
As part of the Statement on Developmental and Regulatory Policies released along with the Monetary Policy Statement on April 7, 2021, the Reserve Bank of India had announced setting up of a Committee to undertake a comprehensive review of the working of Asset Reconstruction Companies (ARCs) in the financial sector ecosystem and recommend suitable measures for enabling such entities to meet the growing requirements of the financial sector. Accordingly, a Press Release dated April 19, 2021 has been issued regarding constitution of the Committee under the chairmanship of Shri Sudarshan Sen, former Executive Director, Reserve Bank of India. 2. The terms of reference of the Committee are as under:
The Committee invites views and suggestions on the above aspects from ARCs, market participants and other stakeholders. These may be emailed latest by May 31, 2021 to email with the subject line ‘Suggestions – Committee on ARCs’. (Yogesh Dayal) Press Release: 2021-2022/122 |