1, The full form of ARC is American Red Cross. It’s used on Regional ,Organizations in United States

The American Red Cross (ARC), also known as the American National Red Cross, is a volunteer-led, humanitarian organization that provides emergency assistance, disaster relief and education inside the United States.

2, The full form of ARC is American River College. It’s used on Academic & Science ,Universities & Institutions in United States

American River College (ARC) is a college located in the southern edge of unincorporated Foothill Farms in Sacramento County, California.

3, The full form of ARC is AIDS Related Complex. It’s used on Medical ,Diseases & Conditions in Worldwide

AIDS Related Complex, or ARC is a term used to describe people with HIV infection who have symptoms of illness.

4, The full form of ARC is Anti-Reflective Coating. It’s used on Technology ,General in Worldwide

Anti-Reflective Coating(ARC) is a type of optical coating applied to the surface of lenses and other optical devices to reduce reflection.

5, The full form of ARC is Aviation Research Centre. It’s used on Academic & Science ,Research & Development in India

Aviation Research Centre (ARC) is a part of the Research and Analysis Wing (R&AW) of the Cabinet Secretariat, India.

6, The full form of ARC is Australian Rally Championship. It’s used on Sports & Games ,Motorsports in Australia

Australian Rally Championship (ARC) is a 6 Round National motorsport Championship run in forested countryside throughout Australia.

7, The full form of ARC is Appalachian Regional Commission. It’s used on Governmental ,Policies & Programs in United States

The Appalachian Regional Commission (ARC) is a United States federal-state partnership that works with the people of Appalachia to create opportunities for self-sustaining economic development and improved quality of life.

8, The full form of ARC is Asset Reconstruction Companies

An Asset Reconstruction Company is a specialized financial institution that buys the NPAs or bad assets from banks and financial institutions so that the latter can clean up their balance sheets. Or in other words, ARCs are in the business of buying bad loans from banks.

ARCs clean up the balance sheets of banks when the latter sells these to the ARCs. This helps banks to concentrate in normal banking activities. Banks rather than going after the defaulters by wasting their time and effort, can sell the bad assets to the ARCs at a mutually agreed value.

The Securitization and Reconstruction of Financial Assets and Enforcement of Security Interest (SARFAESI) Act, 2002; enacted in December 2002 provides the legal basis for the setting up ARCs in India. Section 2 (1) of the Act explains the meaning of Asset Securitization. Similarly, ARCs are also elaborated under Section 3 of the of the Act.

The SARFAESI Act helps reconstruction of bad assets without the intervention of courts. Since then, large number of ARCs were formed and were registered with the RBI which has got the power to regulate the ARCs.