RBI's order could spell trouble for ARC-owning PE funds, say experts

The RBI had recently rejected a resolution plan - approved by the National Company Law Tribunal in June - that proposed selling Aircel's assets to UV Asset Reconstruction Company (UVARC)

reserve bank of india, rbi

New Delhi
Private equity (PE) funds owning asset reconstruction companies (ARCs), apart from pure-play ARCs, could land in serious trouble if the Reserve Bank of India (RBI) does not reverse its decision

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First Published: Aug 27 2020 | 6:06 AM IST

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