The Lok Sabha on Monday passed the Enforcement of Security Interest and Recovery of Debts Laws and Miscellaneous Provisions (Amendment) Bill, 2016, which seeks to amend four laws for expeditious recovery of bad loans by the banks.Passed by voice note, the Bill seeks to amend SARFAESI Act, DRT Act, Indian Stamp Act and Depositories Act.The bill empowers RBI to audit and inspect ARCs and...