Stressed asset sales should take place earlier: RBI committee report

Stressed asset sales should take place earlier: RBI committee report

Stressed asset sales should take place earlier: RBI committee reportNov 2, 2021, 08:41 PM IST

The RBI-appointed committee also recommended that the minimum net owned funds requirement for asset reconstruction companies should be doubled to two billion rupees.

ILFS on track for 62% recovery, says Uday KotakNov 2, 2021, 08:33 PM IST

The group estimates resolution of the remaining nearly Rs 4,000 crore debt across 97 entities to move beyond March 2022 and thus achieve its overall debt resolution estimate of Rs 61,000 crore.

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