Friday, May 24, 2024

BANKING

In 2023, non-mortgage security receipts dominated fresh issuances, driven by retail non-mortgage bad loans, per India Ratings. Asset Restructuring Companies (ARCs) must enhance recovery infrastructure to handle this shift. Legal resolutions improved for corporate and SME bad loans, but retail loan recoveries remain crucial. ARCs adapt strategies amid evolving NPL dynamics and anticipate legal reforms to transform the recovery landscape

from Banking/Finance-Industry-Economic Times https://ift.tt/XeqEJYF
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