Supreme Court: Need to probe nexus of ARCs, banks and borrowers | India News
Supreme Court flags ARC-borrower-bank scam, seeks replies NEW DELHI: Expressing concern over an alleged nexus between asset reconstruction companies (ARCs), borrowers and banks resulting in the siphoning of thousands of crores of public money, Supreme Court Friday sought responses from Union home and finance ministries as well as RBI and Serious Fraud Investigation Office in…