Vol. 2 (12)

AN EVALUATION OF PERFORMANCE OF ASSET RECONSTRUCTION COMPANIES

and
23 Downloads 70 Views
Download Full Paper (PDF)

Abstract

The origin of ARCs could be traced to a 1991 report on financial sector reforms by a panel chaired by former RBI Governor M. Narasimham. Till that time the corporate management policy was lax and there was no concerted effort in building up a fund that could look after the bad loans. When RBI issued a first set of instructions to the banks to identify and classify the NPAs, in October 1990, a large number of large number of NPAs were recorded in the public sector banks.

Article Analytics

How to Cite This Article

R. Balaji and S.Vijayadurai (2014); AN EVALUATION OF PERFORMANCE OF ASSET RECONSTRUCTION COMPANIES, Int. J. of Adv. Res., 2 (12), 0, ISSN 2320-5407.

Corresponding Author

R.BALAJI and Dr.S.Vijayadurai

Creative Commons Attribution 4.0 This work is licensed under a Creative Commons Attribution 4.0 International License.