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100			_aJain, Aditya Sushant _957549
245			_aAsset reconstruction companies and Indian banking
260			_aEconomic &Political Weekly
300			_a59(31), Aug 3, 2024: p.42-46
520			_aAsset reconstruction companies were instituted in India in 2002 to combat the issue of non-performing assets in banking. However, they have been largely unsuccessful in combating this problem, facing both structural and market issues. While the Reserve Bank of India effectively corrected the structural issues by changing the ARCs’ business model, it failed to adequately create a favourable market for investing in ARCs. This engendered a vicious cycle of pricing mismatch and a lack of investor appetite, rendering structural reforms futile. Thus, policies must not be made in silos, combating only a specific structural problem without catering adequately to market or demand-side issues, especially in banking and capital markets. – Reproduced https://www.epw.in/journal/2024/31/special-articles/asset-reconstruction-companies-and-indian-banking.html
773			_aEconomic &Political Weekly
906			_aBANKING AND FINANCE
942			_cAR