Q. An asset reconstruction company looks for business from banks. What do you understand from this statement? (Solved)
1. These companies assist banks in getting potential clients for big ticket loans
2. Banks identify potential borrowers for infrastructure lending by these companies
3. Banks sell their bad debts to these companies
4. Asset reconstruction companies buy bad debts at a discount from banks
5. None of these
- d. Asset reconstruction companies buy bad debts at a discount from banks