DFS Secretary M. Nagaraju highlighted the pivotal role of Asset Reconstruction Companies (ARCs) in stabilizing India's financial system during an ASREC logo launch event in New Delhi. He stated that ARCs help clean bank balance sheets by resolving NPAs, thereby boosting liquidity and economic growth. While the RBI has allowed 100% FDI under the automatic route to strengthen this sector, challenges such as capital availability and legal disputes remain. Nagaraju emphasized that ARCs complement the IBC by providing faster debt resolution through restructuring and equity conversion. https://hindi.ianslive.in/hindi-arcs-strengthening-indias-financial-ecosystem-dfs-secretary--20260518134139-20260518140420 #creator program