ARC
Govt, banks may have to float USD 9 billion AMC/ARC
The government will have to infuse $26.5 billion into the state-run banks (excluding SBI) in FY19-20.
RBI relaxes 26 per cent debt-equity conversion cap for ARCs
Central bank also asked the boards of ARCs to frame a policy for converting debt into equity.
DCR clause holds many liable for bldg flaws
The notice hence suggested modification in the regulations sub-section (1AA) of section 37 of the Maharashtra and Town Planning Act, 1966.
1 of 1