Business Standard

KEY TAKEAWAYS

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■ ARCs bought ~370-bn NPAaccount­s in FY17 ■ About ~400-bn NPA accounts put up for sale this fiscal year ■ ~90-bn NPAaccount­s acquired byARCs in six months leading to September 2017 ■ More than ~1.3 trn worth of assets were put on the block toARCs during FY16 ■ Budget 2016-17 had raised the ceiling on foreign investment in ARCs to 100% ■ Capitalreq­uirementsr­aised to~1bnfrom~20mn

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