.......Hopefully, that will lead ARCs to focus more on what is called resolution and recovery—essentially figuring out how the asset can generate cash flows. Perhaps the best step RBI has taken is to allow the ARCs to become members of the Joint Lenders Forum (JLF). What that will do is to help speed up debt aggregation—essentially allow the ARC to ‘buy out’ the loans quickly and in ample quantities so that it can act fast. Indeed, where it took ARCs anywhere between .........
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