Tag: TransparentPractices

New RBI Guidelines for Asset Reconstruction Companies: Promoting Fairness and Transparency in Borrower Settlements

New RBI Guidelines for Asset Reconstruction Companies: Promoting Fairness and Transparency in Borrower Settlements

The Reserve Bank of India (RBI) vide its circular dated January 20,2025 has issued detailed guidelines aimed at standardizing the settlement of dues by borrowers with Asset Reconstruction Companies (ARCs). These guidelines, issued under the