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To streamline the functioning of asset reconstruction companies (ARCs), a Reserve Bank panel has come out with a host of suggestions including the creation of an online platform for the sale of stressed assets and allowing ARCs to act as resolution applicants during the IBC process. To improve the performance of ARCs, the RBI had appointed the committee to examine the issues and recommend measures for enabling ARCs to meet the growing requirements of the financial sector. The committee, headed by former RBI Executive Director Sudarshan Sen, suggested that the scope of Section 5 of the SARFAESI Act be expanded to permit ARCs to acquire financial assets from all regulated entities, including AIFs, FPIs, AMCs making investment on behalf of MFs and all NBFCs including HFCs. For accounts above ₹500 crore, two bank-approved external valuers should carry out a valuation to determine liquidation value and fair market value. “Also, the final approval of the reserve price should be given by a high-level committee that has the power to approve the corresponding write-off of the loan,”.
A sum of Rs. 642 is divided among X, Y and Z such that X gets Rs. 144 more than Y. Y gets Rs. 90 more than Z. Find the share of Z?
Three numbers are in ratio 5:6:7. If the sum of the squares of those three numbers is 440 then find the sum of the three numbers.
The sum of three numbers is 189. If the ratio of the first to the second is 3:4 and that of second to the third is 5:7 then the second number is?
If A:B:C = 3:4:7 and (C - A + B) = 48, then find the value of (2C + A2).
In a class of 250 students, 150 are girls and remaining are boys. Among boys, the ratio of number of boys who are wearing caps to those who are not wear...
Abdul allocates 90% of his income among his wife, son, and daughter in the ratio of 5:2:1, while saving the remaining amount, which totals Rs. 4,000. Fr...
Marks scored by A and B in a test are in the ratio 13:6 respectively. If B had scored 4 more marks, then marks scored by A would be 30% more than that o...
In an orchard, the ratio of the number of mango and lichi trees is 3:5, respectively. Also, there are few apple trees in the orchard which is 50% more t...
The earnings of two individuals, P and Q, are in the ratio of 4:7. After an increase of 30% in Q’s earnings, his total earnings amount to Rs. 27,300. ...
Rs 1927 was divided among Anil, Bhanu and Charan in the ratio of 14:9:18 respectively. Find the amount received by Anil and Bhanu together.