Master Circular on the Asset Reconstruction Companies
In order to have all current instructions/ guidelines on the subject at one place, the Reserve
Bank of India issues updated circulars/ guidelines. The instructions contained in The Asset
Reconstruction Companies (Reserve Bank) Guidelines and Directions, 2003 (vide Notification
No. DNBS.2/CGM(CSM)-2003, dated April 23, 2003) together with Guidance Notes updated as
on January 31, 2022 are reproduced below.
