Chapter II — Regulation Of Securitisation And Reconstruction Of Financial Assets Of Banks And Financial Institutions

Section 12 — Power of Reserve Bank to determine policy and issue directions

Securitisation and Reconstruction of Financial Assets and Enforcement of Security Interest Act, 2002 · Preview

(1) If the Reserve Bank is satisfied that in the public interest or to regulate financial system of the country to its advantage or to prevent the affairs of any [asset reconstruction company] from…